Leverage Shares 2X Long BMNR Daily ETF (BMNG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
1.55 USD
-0.05
(-3.125%) ⇩
(April 20, 2026, 4 p.m.
EDT)
Short-term: ★★☆☆☆ | Long-term: ☆☆☆☆☆ | Dividends: ☆☆☆☆☆ |
Hot Take | April 19, 2026, 12:01 a.m. EDT
This instrument is fundamentally broken and currently obsolete due to total capital erosion. As a 2x leveraged daily ETF, compounding decay has rendered it effectively worthless for long-term holding, dragging the price from $17.35 to $1.00. The recent price recovery shows high momentum, but the predictive models warn of a potential -33% decline over the next 45 days, suggesting the rally was a dead-cat bounce driven by small/speculative flow. With no dividends and massive deterioration of the underlying asset class, this is not an investment opportunity but a speculative trap for capital seeking exposure to the volatile RMB market. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.611943 |
| AutoETS | 0.827295 |
| AutoARIMA | 0.847665 |
| MSTL | 0.849422 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 55% |
| H-stat | 0.70 |
| Ljung-Box p | 0.001 |
| Jarque-Bera p | 0.000 |
| Excess Kurtosis | 2.55 |
As of April 19, 2026, 12:01 a.m. EDT: Options data reveals a distinct lack of directional conviction. The call market shows significant Open Interest (OI) concentration at deep out-of-the-money strikes (4.0, 5.0) in the nearest expiration, suggesting weak hands or lottery-ticket positioning rather than genuine directional bets. Conversely, put writers have established large OI blocks at deep out-of-the-money strikes (7.0 in April, 3.0 in July), indicating hedging against a potential drop back to single digits (the 52-week low). The IV surface is skewed with very low implied volatility on in-the-money or at-the-money strikes compared to the OTM tails, creating an environment unfavorable for standard betting. Flow is characterized by disconnected 'lotto tickets' rather than a cohesive net long or net short bias.
| Attribute | Value |
|---|---|
| All Time High | 17.35 |
| All Time Low | 1.0 |
| Ask | 1.55 |
| Ask Size | 66 |
| Average Daily Volume10 Day | 68,150,290 |
| Average Daily Volume3 Month | 42,549,221 |
| Average Volume | 42,549,221 |
| Average Volume10Days | 68,150,290 |
| Beta3 Year | 0.0 |
| Bid | 1.53 |
| Bid Size | 97 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 1.5799 |
| Day Low | 1.41 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 1.40548 |
| Fifty Day Average Change | 0.14451993 |
| Fifty Day Average Change Percent | 0.10282603 |
| Fifty Two Week Change Percent | -90.91708 |
| Fifty Two Week High | 17.35 |
| Fifty Two Week High Change | -15.8 |
| Fifty Two Week High Change Percent | -0.91066283 |
| Fifty Two Week Low | 1.0 |
| Fifty Two Week Low Change | 0.54999995 |
| Fifty Two Week Low Change Percent | 0.54999995 |
| Fifty Two Week Range | 1.0 - 17.35 |
| First Trade Date Milliseconds | 1,761,571,800,000 |
| Full Exchange Name | NasdaqGM |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,761,264,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-10-27 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in the Underlying Security and financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of BMNR, consistent with the fund’s investment objective. It is non-diversified. |
| Long Name | Leverage Shares 2X Long BMNR Daily ETF |
| Market | us_market |
| Market State | PRE |
| Max Age | 86,400 |
| Message Board Id | finmb_1960876589 |
| Nav Price | 1.5408 |
| Net Assets | 33,699,196.0 |
| Net Expense Ratio | 0.78 |
| Open | 1.49 |
| Pre Market Change | -0.00999999 |
| Pre Market Change Percent | -0.6451607 |
| Pre Market Price | 1.54 |
| Pre Market Time | 1,776,776,893 |
| Previous Close | 1.6 |
| Price Hint | 4 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.05 |
| Regular Market Change Percent | -3.125 |
| Regular Market Day High | 1.5799 |
| Regular Market Day Low | 1.41 |
| Regular Market Day Range | 1.41 - 1.5799 |
| Regular Market Open | 1.49 |
| Regular Market Previous Close | 1.6 |
| Regular Market Price | 1.55 |
| Regular Market Time | 1,776,715,201 |
| Regular Market Volume | 71,575,636 |
| Short Name | Leverage Shares 2X Long BMNR Da |
| Source Interval | 15 |
| Symbol | BMNG |
| Total Assets | 33,699,196 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -61.60405 |
| Trailing Three Month Returns | -61.60405 |
| Triggerable | 1 |
| Two Hundred Day Average | 3.78825 |
| Two Hundred Day Average Change | -2.23825 |
| Two Hundred Day Average Change Percent | -0.5908401 |
| Type Disp | ETF |
| Volume | 71,575,636 |
| Ytd Return | -61.60405 |