Symbols

BMNZ

Defiance Daily Target 2X Short BMNR ETF·ARCA

--(--)

Key Stats

Assets Under Management

26.24MUSD

Fund Flows (1Y)

5.89MUSD

Dividend Yield

Discount/Premium to NAV

-0.78%

Shares Outstanding

630.00K

Expense Ratio

1.31%

About Defiance Daily Target 2X Short BMNR ETF

Issuer

Tidal Investments LLC

Brand

Defiance

Home Page

https://www.defianceetfs.com/bmnz/

Inception Date

Nov 12, 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

Tidal Investments LLC

Distributor

Foreside Fund Services LLC

BMNZ provides investors with amplified inverse exposure to BitMine Immersion Technologies, Inc. (NYSE: BMNR), a blockchain technology company focused on industrial-scale digital asset mining and hosting operations. BMNZ seeks to deliver -200% of the daily performance of BMNR's stock, giving active traders a tactical vehicle to pursue enhanced downside exposure to BitMine without the need for a margin account or direct short position.