Tom Lee: BitMine has been added to the preliminary list of candidates for the Russell 1000 Index

ETH0%

BlockBeats News, May 23rd. Tom Lee, Chairman of BitMine, Ethereum's largest treasury, expressed his excitement that BitMine (BMNR) has been included in the preliminary candidate list for the Russell 1000 Index. BMNR's market cap has surpassed the minimum threshold of $5.7 billion for inclusion in the large-cap index. It is worth noting that many active fund managers only invest in Russell 1000 Index components, with an estimated 20-25% of the total market cap of the components held by passive index funds or ETFs.

Source: BlockBeats

Disclaimer: The current content is sourced from third-party perspectives or directly translated by AI from third-party perspectives. CoinEx does not guarantee the authenticity, accuracy, and originality of the content, and it does not constitute any investment advice from CoinEx. The prices of cryptocurrencies are highly volatile, please be aware of the potential risks.

Related NewsView All

An Ethereum OG address bought 3,942 ETH on the dip today, with an average price of $2,049.

「Whale」 Liquidates Majority of Ethereum Long Position, Just $23 Away from Next Liquidation

Cryptocurrency Market Experiences Sharp Decline, Bitcoin Falls to $74,500, Ethereum Tests $2,007

Hot

Coins
Price
24H Change