# ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF (BMNU): ETF Facts & Distributions > Markdown mirror of https://www.dividenddata.com/funds/bmnu for AI agents. Same live data as the HTML page, regenerated on the same refresh cycle. Not investment advice. - Issuer: Rexshares · Asset class: US Equity - Strategy: Leveraged · Inception: 2025-09-26 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... ## Key Facts | Metric | Value | |---|---| | Price | $14.22 | | Expense Ratio | 1.50% | | Assets Under Management | $293.2M | | NAV | $14.44 | | Holdings Count | 8 | | Distribution Yield (TTM) | — | | Annual Distribution (TTM) | — /share | | Distribution Frequency | — | | 52-Week Range | $6.10 – $271.60 | | Beta | 2.52 | ## Frequently Asked Questions ### 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. ### Does BMNU pay a dividend? ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF (BMNU) currently distributes little or no income. Trailing-twelve-month yield is —. Investors looking for income should consider income-focused alternatives. See the Peers tab. ### How often does BMNU pay dividends? ETF Opportunities Trust - T-Rex 2x Long BMNR Daily Target ETF pays dividends on its published schedule. Each ex-dividend date, record date, and payment date is listed in the dividend history table on this page. ### What is BMNU's dividend yield? BMNU's trailing-twelve-month yield is —, calculated from the sum of dividends over the past year divided by the current price. ### When is BMNU's next ex-dividend date? BMNU hasn't announced its next ex-date yet. Once declared it'll appear at the top of the dividend history table on this page. ### How much will BMNU's expense ratio cost me over 30 years? On a $10,000 investment compounding at 7% gross return, a 1.50% expense ratio quietly compounds against your balance every year. The Fee Compounding Forecast card above projects the dollar drag for any holding period and assumption you pick. The typical result for a 1.0% expense ratio on a 30-year hold is roughly 25% of the final balance lost to fees. ### How does BMNU charge its expense ratio? The expense ratio is deducted in tiny daily slices from BMNU's net asset value (NAV). You never see a bill. The price quoted on every exchange is already net of fees. There's no "fee day" to avoid; the cost is continuous and built into the trading price. ### Why does BMNU cost more than a fund like VOO? BMNU is a leveraged fund (current expense ratio 1.50%). Daily-reset leverage products carry swap and financing costs that don't exist on a plain-vanilla equity ETF. The Cost Verdict card compares against the leveraged/inverse cohort where these costs are the norm. ### Are there cheaper alternatives to BMNU? The Lower-Fee Alternatives card above lists ETFs following the same investment strategy as BMNU (1.50%) but at a lower expense ratio. Each row shows the fee gap, the peer's AUM as a liquidity sanity-check, and a direct link to that fund's analysis page. Cheaper price doesn't automatically mean better. Verify the peer holds what you actually want. ## More on Dividend Data - Overview (HTML): https://www.dividenddata.com/funds/bmnu - Distribution history: https://www.dividenddata.com/funds/bmnu/dividend - Holdings & diversification: https://www.dividenddata.com/funds/bmnu/diversification - Fees & cheaper alternatives: https://www.dividenddata.com/funds/bmnu/expenses - Peer comparison: https://www.dividenddata.com/funds/bmnu/peers Data sourced from primary filings and market data providers; see https://www.dividenddata.com/methodology.