Tidal Trust II - Defiance Daily Target 2X Short BMNR ETF (BMNZ) ETF Ticker

About Tidal Trust II - Defiance Daily Target 2X Short BMNR ETF

BMNZ uses swap agreements to make bearish bets on BitMine Immersion Technologies, Inc.'s (NYSE: BMNR) share price. BMNR is a technology company focused on cryptocurrency mining operations that utilize immersion cooling systems to enhance energy efficiency and mining performance. The fund maintains a daily leveraged exposure equivalent to -200% of the fund's net assets through daily rebalancing. As a geared product, the fund is intended as a short-term tactical tool, rather than as a long-term investment vehicle. As a result, returns may deviate from the expected -2x if held for longer than a single day due to compounding. This strategy is high-risk and does not include a defensive position as part of its overall process. Additionally, the fund could potentially lose money over time, even if BMNR' performance strengthens. The fund is expected to invest in cash-like instruments as collateral.

BMNZ etf facts

What you can see for BMNZ on Tickr

Live BMNZ price chart with overlays, holdings, sector and country allocation, financial statements and consensus estimates, analyst ratings, catalysts, news with AI scoring, and an AI chat that has read the BMNZ report.

Rankings