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Benzinga

Trump's Greenland Deal Sparks a CRML Trading Frenzy: These ETFs Rocket 75% - Critical Metals (NASDAQ:CRML

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Trump's Greenland Deal Sparks a CRML Trading Frenzy: These ETFs Rocket 75% - Critical Metals (NASDAQ:CRML
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Critical Metals Corp. (NASDAQ:CRML) became the focus of a Greenland-fueled trading rush Monday, lifting two leveraged single-stock ETFs more than 75%. The Tradr 2X Long CRML Daily ETF (BATS:CRMX) and the Leverage Shares 2X Long CRML Daily ETF (NASDAQ:CRMU) surged after Critical Metals shares jumped about 38% to $9.27, following an intraday high of $9.63. Trading volume topped 43 million shares, according to Benzinga Pro. The catalyst was President Donald Trump’s announcement of a new US–Denmark–Greenland security agreement expanding U.S. access in Greenland and limiting adversaries’ ability to establish military bases or sensitive investments there, with investors targeting Greenland’s rare-earth potential. The ETFs track 200% of CRML’s daily move before fees; CRMX’s expense ratio is 1.49% and CRMU’s is 0.75%.

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