Key takeout
- Rexshares’ new ETFs will have a direct exposure to Bitmine Immersion Technologies through a proactively managed equity strategy.
- The filing does not include leverage and instead focuses on growth and income from BMNR stocks.
Rexshares filed with the Securities and Exchange Commission to launch the Bitmine Growth and Income ETF, a actively managed fund designed to provide exposure to Bitmine Immersion Technologies’ stock.
According to the prospectus, the ETF’s investment goal is to combine capital growth with income to maximize total revenue. This strategy involves holding Bitmine Immersion Technologies’ common stock as its primary assets. The submission also outlines Rexshares’ plan to list the funds in NYSE Arca, as it pending regulatory approval.
