Frequently Asked Questions About BMNU

What does BMNU invest in?

BMNU is designed for making bullish bets on the stock price of Bitmine Immersion Technologies, Inc. through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to BMNR's daily price movements. 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. Note that should BMNR's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if BMNR's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.

What is the expense ratio of BMNU?

ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF (BMNU) charges an expense ratio of 1.50%. This is the annual fee deducted from fund assets to cover management and operations.

Is BMNU a good long-term hold?

BMNU is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.

How does BMNU's daily reset work?

BMNU rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.

How big is BMNU?

ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF (BMNU) manages $293.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.

Is BMNU actively managed or an index fund?

BMNU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.

BMNU

ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF

CBOE·Asset Management · Financial Services

$14.22$0.18−1.25%

Market closed·Oct 23 4:00 PM EDT

Price Chart

$14.22−$0.18 (−1.25%)today

−94.52%CAGR −93.27%

Select date range

FromTo

Sep 26, 2025Sep 26, 2025 → Oct 24, 2026· 1.1 yrsOct 24, 2026

Key Metrics

DistributionDividend Tab

Annual Distribution (FWD)—

Distribution Yield (FWD)—

Annual Distribution (TTM)—

Distribution Yield (TTM)—

Distribution Growth (5Y)—

Frequency—

Most Recent—

Ex-Dividend Date—

Payment Date—

Cost & RiskExpenses Tab

Expense Ratio1.50%

Cost per 10k Invested$150

AUM$293.17M

Avg Daily Volume5.18M

Price$14.22

NAV$14.44

Premium / Discount−1.52%

52-Week Range$6.10 – $271.60

Beta2.52

Fund Overview

Cost Verdict

Is BMNU's expense ratio expensive, average, or a steal for its category?

Pro reveals the verdict on a 5-tier spectrum calibrated against ICI 2025 industry averages, with strategy-aware bands so the comparison is meaningful.

Issuer: Rexshares
Asset Class: US Equity
Strategy: Leveraged
Inception: September 26, 2025
Fund Type: ETF
Domicile: US
Currency: USD
ISIN: US26923Q1195
CUSIP: 26923Q119
Website: www.rexshares.com/BMNU/

Latest News

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Frequently Asked Questions About BMNU

What does BMNU invest in?: BMNU is designed for making bullish bets on the stock price of Bitmine Immersion Technologies, Inc. through swap agreements. The objective is to obtain daily leveraged exposure equivalent to 200% of the fund's net assets. To maintain this exposure, daily rebalancing is performed to make adjustments in response to BMNR's daily price movements. 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. Note that should BMNR's value decline by more than 50% relative to the fund, investors could face a total loss. Additionally, the fund could potentially lose money over time, even if BMNR's performance strengthens. The fund is expected to invest in money market funds, deposit accounts, and short-term debts.
What is the expense ratio of BMNU?: ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF (BMNU) charges an expense ratio of 1.50%. This is the annual fee deducted from fund assets to cover management and operations.
Is BMNU a good long-term hold?: BMNU is a leveraged fund designed to deliver a daily multiple of its underlying index. Daily reset compounding means returns over multi-day periods can diverge significantly from the headline multiple, typically with negative drift in choppy markets. These funds are designed for short-term tactical use, not buy-and-hold. Review the fund's prospectus before holding more than a few days.
How does BMNU's daily reset work?: BMNU rebalances exposure each trading day to maintain its target leverage ratio against the next day's move. The daily reset means returns compound at the daily level, so a +1%, −1% sequence on the underlying doesn't return the underlying to flat after the leverage multiplier. Over time this path-dependence erodes returns in volatile markets and amplifies them in trending markets.
How big is BMNU?: ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF (BMNU) manages $293.2M in total assets. AUM determines bid-ask liquidity and the fund's vulnerability to closure. Funds below ~$50M are at higher risk of liquidation.
Is BMNU actively managed or an index fund?: BMNU's management style is described in the fund's prospectus. See the description on the Summary tab for the published strategy.