# Defiance Daily Target 2X Short BMNR ETF (BMNZ) — Overview

BMNZ · NYSE · Fund

Canonical page: https://www.lighthorse.io/tickers/bmnz

## Price

Last close $5.27 on Oct 15, 2026. 52-week range $3.67 – $42.67.

## Fund profile

BMNZ seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of BitMine Immersion Technologies, Inc. (NYSE: BMNR). The Fund does not seek to achieve its stated investment objective for any period other than a single trading day.

| Metric | Value |
| --- | --- |
| Issuer | Tidal Investments LLC |
| Industry | — |
| Inception | Nov 12, 2025 |
| Assets under management | $16.5M |
| Expense ratio | 1.31% |
| Net asset value | $5.27 (as of Oct 15, 2026) |
| Distributions | Annually |
| Leverage | 2x |

## Frequently Asked Questions

### What is Defiance Daily Target 2X Short BMNR ETF (BMNZ)?

BMNZ seeks daily inverse investment results, before fees and expenses, of -2 times (-200%) the daily percentage change in the share price of BitMine Immersion Technologies, Inc. (NYSE: BMNR). The Fund does not seek to achieve its stated investment objective for any period other than a single trading day.

### What is BMNZ's expense ratio?

Defiance Daily Target 2X Short BMNR ETF charges an annual expense ratio of 1.31%. The fund is issued by Tidal Investments LLC.

### How large is BMNZ?

Defiance Daily Target 2X Short BMNR ETF manages $16.5M in assets and has traded since Nov 12, 2025.

### How do I buy shares of Defiance Daily Target 2X Short BMNR ETF (BMNZ)?

BMNZ trades commission-free with a Light Horse Securities brokerage account — from the mobile app, the web at [Light Horse Dashboard](https://portal.lighthorse.io), the trading API, or an [AI agent connected over MCP](/instructions/ai/claude). The trade panel on this page places the order once you are signed in.

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Quotes and charts are not real-time and must not be relied on for trade decisions or valuation.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).