🟢 BMNG is trading 7.7% up today on a tech and AI-led rebound following a sharp multi-day selloff

BMNG is trading 7.7% up today as it stages a notable pre-market rebound following several days of steep declines and a broader recovery in tech sentiment.

• The move follows a double-digit drop on June 24 and coincides with higher Nasdaq futures as risk appetite improves for AI-related assets.
• As a leveraged product tied to Bitmine Immersion Technologies (BMNR), the ETF is exhibiting amplified sensitivity to market shifts following its recent 1-for-20 reverse split.
• The price action appears driven by broader market sentiment rather than any new, ETF-specific headlines.