BitMine has entered the Russell 1000 candidates, with passive capital inflows expected to reach the maximum, and the ETH treasury narrative has become even stronger.

BMNR-3.62%
ETH1.07%
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BlockBeatNews
Tom Lee: BitMine has entered the preliminary candidate list for large-cap stocks in the Russell 1000 index
BlockBeats News, May 23 — Ethereum's largest treasury, BitMine, Chairman Tom Lee stated that he is pleased that BitMine (BMNR) has entered the preliminary candidate list for the Russell 1000 large-cap stocks index. BMNR's market capitalization has exceeded the minimum threshold of $5.7 billion for inclusion in the large-cap stock index. It is worth noting that many active fund managers only invest in Russell 1000 index components, and it is estimated that 20-25% of the total market value of the components is held by passive index funds or ETFs.
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