{
 "ticker": "YBMN",
 "name": "Defiance BMNR Option Income ETF",
 "issuer": "Defiance",
 "desk": "income",
 "url": "https://etfiq.com/funds/ybmn",
 "html": "https://etfiq.com/funds/ybmn",
 "markdown": "https://etfiq.com/funds/ybmn.md",
 "as_of": "2026-08-20",
 "verdict": "Since it first traded on Nov 25, 2025, YBMN paid 29.0% in cash and finished 6.0 points ahead of BMNR.",
 "kept": {
  "since": "2026-08-20",
  "why": "closed",
  "sentence": "Closed on Aug 20, 2026. It was liquidated. These are its last figures, as of the last day it traded. It is not in ETFIQ\u2019s rankings, scores or comparisons.",
  "lastTrade": {
   "date": "2026-08-20",
   "from": "the last day its price moved"
  },
  "closed": {
   "closedAs": "liquidated",
   "effective": "2026-08-20",
   "filed": "2026-08-20",
   "url": "https://www.sec.gov/Archives/edgar/data/1540305/000135445726000812/0001354457-26-000812-index.htm"
  }
 },
 "key_facts": [
  {
   "key": "cash_paid_since_launch_on_its_starting_price",
   "label": "Cash paid, since launch, on its starting price",
   "value": "29.0%",
   "source": null,
   "as_of": "2026-08-20",
   "sentence": "YBMN, cash paid, since launch, on its starting price: 29.0%, as of Aug 20, 2026."
  },
  {
   "key": "total_return_since_launch",
   "label": "Total return, since launch",
   "value": "\u221219.4%",
   "source": null,
   "as_of": "2026-08-20",
   "sentence": "YBMN, total return, since launch: \u221219.4%, as of Aug 20, 2026."
  },
  {
   "key": "against_bmnr",
   "label": "Against BMNR",
   "value": "+6.0 pts",
   "source": null,
   "as_of": "2026-08-20",
   "sentence": "YBMN, against BMNR: +6.0 pts, as of Aug 20, 2026."
  },
  {
   "key": "last_payout_annualized",
   "label": "Last payout, annualized",
   "value": "54.3%",
   "source": null,
   "as_of": "2026-08-20",
   "sentence": "YBMN, last payout, annualized: 54.3%, as of Aug 20, 2026."
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Nov 10, 2025",
   "as_of": "2026-08-20",
   "sentence": "YBMN, expense ratio: 0.85% (485BPOS XBRL, Nov 10, 2025)."
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Bitmine (BMNR)",
   "source": null,
   "as_of": "2026-08-20",
   "sentence": "YBMN, benchmark: Bitmine (BMNR), as of Aug 20, 2026."
  }
 ],
 "fields": [
  {
   "key": "strategy",
   "label": "Strategy",
   "value": "option income",
   "source": null
  },
  {
   "key": "benchmark",
   "label": "Benchmark",
   "value": "Bitmine (BMNR)",
   "source": null
  },
  {
   "key": "how_the_benchmark_is_set",
   "label": "How the benchmark is set",
   "value": "Its prospectus names BMNR as the company its options are written on (prospectus, Form 497, accession 0000894189-25-013791, filed 2025-11-17).",
   "source": "ETFIQ"
  },
  {
   "key": "paid",
   "label": "Paid",
   "value": "weekly",
   "source": null
  },
  {
   "key": "last_payout_annualized",
   "label": "Last payout, annualized",
   "value": "54.3%",
   "source": "ETFIQ"
  },
  {
   "key": "expense_ratio",
   "label": "Expense ratio",
   "value": "0.85%",
   "source": "485BPOS XBRL, Nov 10, 2025"
  },
  {
   "key": "cash_paid_its_last_12_months_over_its_last_price",
   "label": "Cash paid, its last 12 months, over its last price",
   "value": "54.0%",
   "source": "ETFIQ"
  },
  {
   "key": "first_traded",
   "label": "First traded",
   "value": "Nov 25, 2025",
   "source": null
  }
 ],
 "periods": [
  {
   "window": "3 months",
   "Cash paid": "10.3%",
   "Price": "\u221212.4%",
   "Total return": "\u22120.6%",
   "BMNR": "+10.0%",
   "Ahead or behind": "\u221210.6 pts"
  },
  {
   "window": "6 months",
   "Cash paid": "23.4%",
   "Price": "\u221217.4%",
   "Total return": "+7.0%",
   "BMNR": "+8.1%",
   "Ahead or behind": "\u22121.1 pts"
  },
  {
   "window": "Since launch",
   "Cash paid": "29.0%",
   "Price": "\u221246.2%",
   "Total return": "\u221219.4%",
   "BMNR": "\u221225.4%",
   "Ahead or behind": "+6.0 pts"
  }
 ],
 "questions": [
  {
   "q": "How much did YBMN pay over its life?",
   "a": "Over the period from its first trade on Nov 25, 2025 to Aug 20, 2026, YBMN paid 29.0% of its starting price in cash distributions, while the price fell 46.2%."
  },
  {
   "q": "Did YBMN finish ahead of BMNR?",
   "a": "Over the period from its first trade on Nov 25, 2025 to Aug 20, 2026, with every distribution reinvested, YBMN returned \u221219.4% against \u221225.4% for Bitmine (BMNR), so a holder was ahead of it by 6.0 points."
  },
  {
   "q": "How often did YBMN pay, and how much?",
   "a": "YBMN paid weekly. Its last distribution annualized to 54.3% at its last price, on Aug 20, 2026."
  },
  {
   "q": "What did YBMN cost?",
   "a": "The prospectus expense ratio is 0.85% a year."
  }
 ],
 "generated": "2026-10-10",
 "license": "https://etfiq.com/license/",
 "license_text": "Figures ETFIQ computes are free to use with attribution: ETFIQ (etfiq.com). Issuer data stays under its owner's terms.",
 "citation": "ETFIQ, YBMN, income ETFs, data as of Aug 20, 2026. https://etfiq.com/funds/ybmn"
}