REX plans to apply for the issuance of BitMine rise income ETF

Jinse Finance reported that Bloomberg senior ETF analyst Eric Balchunas stated on the X platform, "REX is applying for the issuance of the BitMine rise yield ETF (exchange-traded fund), which will invest in $BMNR through leverage and generate income by selling subscription Options." $BMNR This underlying asset has just "born" not long ago, yet it has already achieved a complete layout of ETF products. It is worth noting that the 2x leveraged ETF (2x BMNR) tracking this underlying asset reached a trading volume of 400 million dollars within the first four days of its launch, which is astonishing.