Leverage Shares 2X Long BMNR Daily ETF (BMNG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
24.95 USD
-4.28
(-14.654%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 24.92 -0.03 (-0.030%) ⇩ (Aug. 28, 2026, 7:30 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 5:05 a.m. EDT
The recent price action shows a sharp, volatile recovery from the $8 range to over $23, yet the underlying mechanics suggest this is a speculative trap rather than a sustainable trend. As a leveraged daily ETF, BMNG suffers from severe compounding drag; the massive drop to $8.39 implies the underlying asset has been in a severe secular downtrend, making any bounce highly prone to failure without a fundamental reversal. The options market confirms this skepticism: traders are buying cheap insurance (deep OTM puts) while offering negligible leverage on the upside. The statistical forecast leans negative, aligning with the structural reality that leveraged products in a downtrend are mathematically destined to decay. With no dividend to offset losses and a balance sheet that is irrelevant for a leveraged vehicle, the only rational play is caution. The current price is likely a short-term liquidity event rather than a new equilibrium. |
| Model | MAE |
|---|---|
| AutoTheta ✓ | 0.799580 |
| MSTL | 0.820516 |
| AutoETS | 0.859034 |
| AutoARIMA | 0.950670 |
Forecast horizon: 45 days | Selected: AutoTheta
| Forecast Reliability | |
|---|---|
| Score | 26% |
| H-stat | 17.68 |
| Ljung-Box p | 0.000 |
| Jarque-Bera p | 0.408 |
| Excess Kurtosis | -0.52 |
As of Aug. 22, 2026, 5:05 a.m. EDT: Speculators are aggressively positioning for downside protection via deep out-of-the-money puts, particularly expiring in October and January, with massive open interest at strikes far below the current price. Conversely, call activity is sparse and concentrated near the money or slightly out-of-the-money, indicating a lack of bullish conviction despite the recent price surge. The implied volatility skew heavily favors downside moves, suggesting traders view the recent rally as potentially fragile or mean-reverting.
| Attribute | Value |
|---|---|
| All Time High | 347.0 |
| All Time Low | 8.39 |
| Ask | 18.62 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 599,690 |
| Average Daily Volume3 Month | 825,280 |
| Average Volume | 825,280 |
| Average Volume10Days | 599,690 |
| Beta3 Year | 0.0 |
| Bid | 11.35 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 29.34 |
| Day Low | 24.9438 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 14.959 |
| Fifty Day Average Change | 9.991001 |
| Fifty Day Average Change Percent | 0.66789234 |
| Fifty Two Week Change Percent | -92.68972 |
| Fifty Two Week High | 347.0 |
| Fifty Two Week High Change | -322.05 |
| Fifty Two Week High Change Percent | -0.92809796 |
| Fifty Two Week Low | 8.39 |
| Fifty Two Week Low Change | 16.560001 |
| Fifty Two Week Low Change Percent | 1.9737784 |
| Fifty Two Week Range | 8.39 - 347.0 |
| First Trade Date Milliseconds | 1,761,571,800,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -4.2838 |
| Fullday Change Percent | -14.653585 |
| Fullday Price | 24.92 |
| 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 | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1960876589 |
| Nav Price | 29.3077 |
| Net Assets | 34,617,488.0 |
| Net Expense Ratio | 0.78 |
| Open | 27.91 |
| Post Market Change | -0.030000687 |
| Post Market Change Percent | -0.12024323 |
| Post Market Price | 24.92 |
| Post Market Time | 1,787,959,806 |
| Previous Close | 29.2338 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -4.2838 |
| Regular Market Change Percent | -14.653585 |
| Regular Market Day High | 29.34 |
| Regular Market Day Low | 24.9438 |
| Regular Market Day Range | 24.9438 - 29.34 |
| Regular Market Open | 27.91 |
| Regular Market Previous Close | 29.2338 |
| Regular Market Price | 24.95 |
| Regular Market Time | 1,787,947,201 |
| Regular Market Volume | 280,487 |
| Short Name | Leverage Shares 2X Long BMNR Da |
| Source Interval | 15 |
| Symbol | BMNG |
| Total Assets | 34,617,488 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -48.56449 |
| Trailing Three Month Returns | -48.56449 |
| Triggerable | 1 |
| Two Hundred Day Average | 41.126835 |
| Two Hundred Day Average Change | -16.176834 |
| Two Hundred Day Average Change Percent | -0.3933401 |
| Type Disp | ETF |
| Volume | 280,487 |
| Ytd Return | -77.9932 |