Trump, Greenland Deal Sparks CRML Trading Frenzy: These ETFs Rocket 75%

Critical Metals Corp. (NASDAQ:CRML) became the center of a Greenland-fueled trading frenzy Monday, sending two single-stock leveraged ETFs sharply higher. The Tradr 2X Long CRML Daily ETF (BATS:CRMX) and the Leverage Shares 2X Long CRML Daily ETF (NASDAQ:CRMU) surged more than 75% on Monday, following a dip on Friday. The catalyst was a sharp rally in Critical Metals, whose shares climbed about 38% to $9.27, after reaching an intraday high of $9.63. Trading volume exceeded 43 million shares, according to Benzinga Pro, highlighting the extraordinary jump in activity. Why CRML Exploded The rally followed President Donald Trump‘s announcement of a new U.S.-Denmark-Greenland security agreement. The deal expands U.S. security access in Greenland and restricts adversaries from establishing military bases or making sensitive investments there. Investors focused on Greenland’s strategic mineral resources, particularly rare earths. Critical Metals owns about 93% of the Tanbreez rare-earth project in southern Greenland. The project has become a key part of the company’s investment case, giving CRML unusually direct exposure to the geopolitical push to diversify critical-mineral supply chains. Read Also: Trump, Greenland Deal Puts Rare-Earth ETFs In Focus: Funds to Watch as US Targets China’s Supply Chain Importantly, the agreement itself does not provide CRML with new mining rights, funding or a new commercial contract. Monday’s move therefore reflects investor expectations around the potential strategic importance of Greenland’s resources rather than a disclosed change in Tanbreez’s economics. Why the ETFs Moved Nearly Twice as Much Both CRMX and CRMU target 200% of CRML’s daily performance, before fees and expenses. CRMU, for example, explicitly states that it seeks 2X CRML’s daily performance and rebalances daily. Its expense ratio is 0.75%. However, CRMX comes a little more expensive, at 1.49% expense ratio. That makes Monday’s move almost mechanical. If CRML gains roughly 37.7%, a 2X daily product has a theoretical gain of approximately 75.4% for that session. The difference between the underlying’s theoretical 2X return and the ETF’s market-price move can arise from intraday pricing, spreads, fees, financing and tracking effects. The Technical Warning Monday’s move comes after significant volatility in both ETFs. CRMX closed at $4.60 Friday, down 3.6%, after falling from $5.58 on Sep. 3. It had already experienced one-day moves of +45.8% on Aug. 21 and +42.4% on Aug. 25, followed by declines of 23.4% and 8.2% on other sessions. CRMU has shown a similar pattern. It fell 10.96% on Sep. 11 and 9.16% on Sep. 10, after gaining 10.8% on Sep. 2. For traders, Monday’s $8.52 high and $7.11 low in CRMX illustrate the risk: the ETF itself swung roughly 20% from low to high during the session. The key distinction is that CRMX and CRMU are daily leveraged trading instruments, not long-term substitutes for diversified rare-earth ETFs. If CRML reverses sharply, the same 2X structure that amplified Monday’s rally can amplify the decline. Read Also: Greenland Mines Stock Surges On Rare Earth Expansion Photo: Shutterstock