BMNZ

About BMNZ

The Defiance Daily Target 2X Short BitMine Immersion Technologies ETF is a leveraged exchange-traded fund designed to provide inverse exposure to the daily performance of BitMine Immersion Technologies, a company active in the cryptocurrency and digital asset sector. This ETF seeks daily investment results that equal -200% of the percentage change in BitMine Immersion Technologies’ share price, making it suitable for participants aiming to capitalize on short-term declines in the underlying stock without using margin or engaging in traditional short selling. As an actively managed fund, its strategy involves the use of financial derivatives to achieve its targeted daily inverse performance. The product is primarily intended for institutional investors, professional traders, and others with high risk tolerance who require efficient bearish positioning on a single crypto-oriented stock. In the broader market, the ETF is notable for enabling directional, tactical exposure to a major digital asset company within the growing ecosystem of specialized single-stock leveraged ETFs, reflecting growing demand for precise, daily-traded vehicles within thematic investment strategies.