BMNG is trading 7% lower in pre-market action as a broader risk-off tone across U.S. equity markets pressures high-beta and leveraged products.
- The decline extends recent volatility for the 2x leveraged ETF tied to Bitmine Immersion Technologies (BMNR), following significant price swings last week.
- Market sentiment remains cautious with S&P 500 and Nasdaq futures trading lower ahead of Thursday’s critical PCE inflation report.