Corgi BMNR 2x Daily ETF (BNMC)

The Corgi BMNR 2x Daily ETF (BNMC) seeks daily investment results equal to twice (2x) the daily percentage change in the share price of BitMine Immersion Technologies (ticker BMNR), a company that holds a treasury of the cryptocurrency Ether and has operated in bitcoin mining.

The 2x objective applies to daily returns only. Because the leverage resets each day, results over longer periods can differ significantly from twice the stock's return, particularly in volatile markets. The fund typically uses swap agreements or similar derivatives to obtain its exposure. It is offered by Corgi, a newer ETF sponsor, and trades on the Cboe BZX exchange.