Symbols

YBMN

Defiance BMNR Option Income ETF·NASDAQ

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Key Stats

Assets Under Management

1.94MUSD

Fund Flows (1Y)

1.70MUSD

Dividend Yield

18.65%

Discount/Premium to NAV

0.38%

Shares Outstanding

125.00K

Expense Ratio

0.85%

About Defiance BMNR Option Income ETF

Issuer

Defiance ETFs, LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/ybmn/

Inception Date

Nov 24, 2025

Structure

Open-Ended Fund

Index Tracked

Management Style

Active

Dividend Treatment

Distributes

Distribution Tax Treatment

Ordinary income

Income Tax Type

Capital Gains

Max ST Capital Gains Rate

39.60%

Max LT Capital Gains Rate

20.00%

Primary Advisor

Defiance ETFs LLC

Distributor

Foreside Fund Services LLC

YBMN seeks to harness BMNR's distinctive volatility profile—shaped in part by its Ethereum-linked corporate treasury strategy—to create attractive premium-harvesting opportunities while maintaining measured upside participation. The fund is the first ETF to target weekly income using an options overlay strategy on BMNR, launched in partnership with Milliman Financial Risk Management, a global leader in investment advisory and risk management solutions.