Defiance ETFs has announced the launch of the Defiance Daily Target 2X Short BMNR ETF (Ticker: BMNZ) on November 13, 2025. This new exchange-traded fund is designed for sophisticated traders and aims to deliver double the inverse of the daily performance of BitMine Immersion Technologies' stock. The fund provides a new avenue for investors to act on short-term bearish outlooks on the company. The introduction of BMNZ allows traders to potentially profit from a decline in BMNR's share price without directly short-selling the stock. Given the inherent volatility of companies in the cryptocurrency sector, this leveraged product could attract significant trading volume. As this is a recent development, specific market reaction and its direct impact on BMNR's stock price are yet to be fully analyzed.