Movement Alert｜T-REX 2x Long BMNR Daily Target ETF Rises 9.86% in Regular Trading, Crypto Sector Rallies as ETH Hits 8-Month High

Market Focus

Yesterday

On October 2, T-REX 2x Long BMNR Daily Target ETF surged 9.86% in regular trading, trading at $23.36/share, with turnover of approximately $23.76 million. As a 2x leveraged product tracking BitMine Immersion Technologies (BMNR), the ETF amplified gains in the underlying stock driven by a broad crypto sector rally.

On the news front, Ethereum broke above $2,600 to reach an 8-month high, climbing nearly 7% within 24 hours, while Bitcoin approached $80,000. The rally lifted crypto concept stocks collectively, with BMNR rising over 9% and Strategy gaining over 5.7%. BitMine, which holds over 6 million ETH — approximately 4.9% of total circulating supply — is highly sensitive to ETH price movements. The company has continued its aggressive accumulation strategy, purchasing 32,500 ETH worth $83.45 million over recent weeks. Additionally, B. Riley raised its price target on BMNR to $34 from $30 while maintaining a Buy rating, reflecting growing institutional confidence in the company's ETH treasury strategy and staking revenue, which is projected at approximately $330 million annualized.

(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)

Disclaimer: Investing carries risk. This is not financial advice. The above content should not be regarded as an offer, recommendation, or solicitation on acquiring or disposing of any financial products, any associated discussions, comments, or posts by author or other users should not be considered as such either. It is solely for general information purpose only, which does not consider your own investment objectives, financial situations or needs. TTM assumes no responsibility or warranty for the accuracy and completeness of the information, investors should do their own research and may seek professional advice before investing.

Most Discussed

1
2
3
4
5
6
7
8
9
10

{"basename":"","ssrTDKData":{"titleTemplate":"%s - Tiger Brokers","title":"Tiger Brokers HK | Online Trading in stocks, bonds & ETFS","description":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","keywords":"tiger trading,tiger security,tiger broker hk,tigers co ltd,tiger trade hk,tiger brokers hk,stock broker,securities broker,online brokerage,hong kong broker,hk broker,online stock trading,online trading platform,stock trading platforms,trading application,stock trading,stock trading hong kong,buying stocks in hong kong,tiger brokers","social":{"ogDescription":"Discover Tiger Brokers HK, an online trading platform for stocks&ETFs, options&futures, bonds and crypto. Open an account to enjoy low commission trading today!","ogImage":"https://c1.itigergrowtha.com/portal5/static/media/og-logo.0a0bd8dc.png","ogUrl":"https://hk.tigershowtime.com/news/1157739472"},"companyName":"Tiger Brokers"},"pageData":{"isMobile":false,"isTiger":false,"isTTM":true,"region":"HKG","license":"TBHK","edition":"fundamental"},"isCrawlerRequest":true,"__swrFallback__":{"@#url:\"https://stock-news.skytigris.cn/v3/news\",params:#id:\"1157739472\",edition:\"fundamental\",auth_exemption:1,,,undefined,":{"share":"https://ttm.financial/m/news/1157739472?lang=en_US&edition=fundamental","thumbnail":"","is_english":true,"pubTime":"2026-10-02 21:40","share_image_url":"https://static.laohu8.com/e9f99090a1c2ed51c021029395664489","id":"1157739472","market":"hk","top_or_hot":-1,"title":"Movement Alert｜T-REX 2x Long BMNR Daily Target ETF Rises 9.86% in Regular Trading, Crypto Sector Rallies as ETH Hits 8-Month High","media":"Market Focus","content":"<p><p>On October 2, T-REX 2x Long BMNR Daily Target ETF surged 9.86% in regular trading, trading at $23.36/share, with turnover of approximately $23.76 million. As a 2x leveraged product tracking BitMine Immersion Technologies (BMNR), the ETF amplified gains in the underlying stock driven by a broad crypto sector rally.</p><p>On the news front, Ethereum broke above $2,600 to reach an 8-month high, climbing nearly 7% within 24 hours, while Bitcoin approached $80,000. The rally lifted crypto concept stocks collectively, with BMNR rising over 9% and Strategy gaining over 5.7%. BitMine, which holds over 6 million ETH — approximately 4.9% of total circulating supply — is highly sensitive to ETH price movements. The company has continued its aggressive accumulation strategy, purchasing 32,500 ETH worth $83.45 million over recent weeks. Additionally, B. Riley raised its price target on BMNR to $34 from $30 while maintaining a Buy rating, reflecting growing institutional confidence in the company's ETH treasury strategy and staking revenue, which is projected at approximately $330 million annualized.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>","source":null,"html":"<!DOCTYPE html>\n<html>\n<head>\n<meta http-equiv=\"Content-Type\" content=\"text/html; charset=utf-8\" />\n<meta name=\"viewport\" content=\"width=device-width,initial-scale=1.0,minimum-scale=1.0,maximum-scale=1.0,user-scalable=no\"/>\n<meta name=\"format-detection\" content=\"telephone=no,email=no,address=no\" />\n<title>Movement Alert｜T-REX 2x Long BMNR Daily Target ETF Rises 9.86% in Regular Trading, Crypto Sector Rallies as ETH Hits 8-Month High</title>\n<style type=\"text/css\">\na,abbr,acronym,address,applet,article,aside,audio,b,big,blockquote,body,canvas,caption,center,cite,code,dd,del,details,dfn,div,dl,dt,\nem,embed,fieldset,figcaption,figure,footer,form,h1,h2,h3,h4,h5,h6,header,hgroup,html,i,iframe,img,ins,kbd,label,legend,li,mark,menu,nav,\nobject,ol,output,p,pre,q,ruby,s,samp,section,small,span,strike,strong,sub,summary,sup,table,tbody,td,tfoot,th,thead,time,tr,tt,u,ul,var,video{ font:inherit;margin:0;padding:0;vertical-align:baseline;border:0 }\nbody{ font-size:16px; line-height:1.5; color:#999; background:transparent; }\n.wrapper{ overflow:hidden;word-break:break-all;padding:10px; }\nh1,h2{ font-weight:normal; line-height:1.35; margin-bottom:.6em; }\nh3,h4,h5,h6{ line-height:1.35; margin-bottom:1em; }\nh1{ font-size:24px; }\nh2{ font-size:20px; }\nh3{ font-size:18px; }\nh4{ font-size:16px; }\nh5{ font-size:14px; }\nh6{ font-size:12px; }\np,ul,ol,blockquote,dl,table{ margin:1.2em 0; }\nul,ol{ margin-left:2em; }\nul{ list-style:disc; }\nol{ list-style:decimal; }\nli,li p{ margin:10px 0;}\nimg{ max-width:100%;display:block;margin:0 auto 1em; }\nblockquote{ color:#B5B2B1; border-left:3px solid #aaa; padding:1em; }\nstrong,b{font-weight:bold;}\nem,i{font-style:italic;}\ntable{ width:100%;border-collapse:collapse;border-spacing:1px;margin:1em 0;font-size:.9em; }\nth,td{ padding:5px;text-align:left;border:1px solid #aaa; }\nth{ font-weight:bold;background:#5d5d5d; }\n.symbol-link{font-weight:bold;}\n/* header{ border-bottom:1px solid #494756; } */\n.title{ margin:0 0 8px;line-height:1.3;color:#ddd; }\n.meta {color:#5e5c6d;font-size:13px;margin:0 0 .5em; }\na{text-decoration:none; color:#2a4b87;}\n.meta .head { display: inline-block; overflow: hidden}\n.head .h-thumb { width: 30px; height: 30px; margin: 0; padding: 0; border-radius: 50%; float: left;}\n.head .h-content { margin: 0; padding: 0 0 0 9px; float: left;}\n.head .h-name {font-size: 13px; color: #eee; margin: 0;}\n.head .h-time {font-size: 11px; color: #7E829C; margin: 0;line-height: 11px;}\n.small {font-size: 12.5px; display: inline-block; transform: scale(0.9); -webkit-transform: scale(0.9); transform-origin: left; -webkit-transform-origin: left;}\n.smaller {font-size: 12.5px; display: inline-block; transform: scale(0.8); -webkit-transform: scale(0.8); transform-origin: left; -webkit-transform-origin: left;}\n.bt-text {font-size: 12px;margin: 1.5em 0 0 0}\n.bt-text p {margin: 0}\n</style>\n</head>\n<body>\n<div class=\"wrapper\">\n<header>\n<h2 class=\"title\">\nMovement Alert｜T-REX 2x Long BMNR Daily Target ETF Rises 9.86% in Regular Trading, Crypto Sector Rallies as ETH Hits 8-Month High\n</h2>\n\n<h4 class=\"meta\">\n\n\n<a class=\"head\" href=\"https://laohu8.com/wemedia/1054767329\">\n\n\n<div class=\"h-thumb\" style=\"background-image:url(https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a);background-size:cover;\"></div>\n\n<div class=\"h-content\">\n<p class=\"h-name\">Market Focus </p>\n<p class=\"h-time\">2026-10-02 21:40</p>\n</div>\n\n</a>\n\n\n</h4>\n\n</header>\n<article>\n<p><p>On October 2, T-REX 2x Long BMNR Daily Target ETF surged 9.86% in regular trading, trading at $23.36/share, with turnover of approximately $23.76 million. As a 2x leveraged product tracking BitMine Immersion Technologies (BMNR), the ETF amplified gains in the underlying stock driven by a broad crypto sector rally.</p><p>On the news front, Ethereum broke above $2,600 to reach an 8-month high, climbing nearly 7% within 24 hours, while Bitcoin approached $80,000. The rally lifted crypto concept stocks collectively, with BMNR rising over 9% and Strategy gaining over 5.7%. BitMine, which holds over 6 million ETH — approximately 4.9% of total circulating supply — is highly sensitive to ETH price movements. The company has continued its aggressive accumulation strategy, purchasing 32,500 ETH worth $83.45 million over recent weeks. Additionally, B. Riley raised its price target on BMNR to $34 from $30 while maintaining a Buy rating, reflecting growing institutional confidence in the company's ETH treasury strategy and staking revenue, which is projected at approximately $330 million annualized.</p><p>(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)</p></p>\n\n</article>\n</div>\n</body>\n</html>\n","isBrief":false,"type":0,"news_type":1,"symbol":"BMNU","symbol_name":"2倍做多BMNR ETF-T-REX","start_time":0,"source_url":"","article_id":"1157739472","we_media_id":"1054767329","thumbnails":[],"rights":null,"url":"https://stock-news.laohu8.com/highlight/detail?id=1157739472","pubTimestamp":1790948428,"columns":[],"sourceInfo":null,"weMediaInfo":{"media_name":"Market Focus","introduction":"Track stock‘s movements and relevant news","home_visible":1,"id":"1054767329","head_image":"https://static.tigerbbs.com/51943b2858f75e05ca2ebb144b4e626a"},"summary":"On October 2, T-REX 2x Long BMNR Daily Target ETF surged 9.86% in regular trading, trading at $23.36/share, with turnover of approximately $23.76 million. As a 2x leveraged product tracking BitMine...","collect":0,"end_time":0,"defaultTopTitle":"","property":[],"viewcount":null,"language":"en","relate_stocks":{"BMNU":"2倍做多BMNR ETF-T-REX"},"translate_title":"走势警报|T-REX 2 倍多头 BMNR 每日目标 ETF 在常规交易中上涨 9.86%，随着 ETH 触及 8 个月高点，加密货币板块上涨","themeId":null,"isJumpTheme":false,"ttsUrl":null,"symbols_score_info":{"BMNU":1},"content_text":"On October 2, T-REX 2x Long BMNR Daily Target ETF surged 9.86% in regular trading, trading at $23.36/share, with turnover of approximately $23.76 million. As a 2x leveraged product tracking BitMine Immersion Technologies (BMNR), the ETF amplified gains in the underlying stock driven by a broad crypto sector rally.On the news front, Ethereum broke above $2,600 to reach an 8-month high, climbing nearly 7% within 24 hours, while Bitcoin approached $80,000. The rally lifted crypto concept stocks collectively, with BMNR rising over 9% and Strategy gaining over 5.7%. BitMine, which holds over 6 million ETH — approximately 4.9% of total circulating supply — is highly sensitive to ETH price movements. The company has continued its aggressive accumulation strategy, purchasing 32,500 ETH worth $83.45 million over recent weeks. Additionally, B. Riley raised its price target on BMNR to $34 from $30 while maintaining a Buy rating, reflecting growing institutional confidence in the company's ETH treasury strategy and staking revenue, which is projected at approximately $330 million annualized.(The above content is based on publicly available market information, generated by a program or algorithm, and is intended solely as a stock movement alert. It does not constitute investment advice or a basis for trading decisions.)","kind":"news","is_publish_news":true,"is_publish_highlight":false,"is_publish_live":false,"is_publish_wemedia":true,"editions":null,"column":"","sentiment":"0","news_tag":"","news_rank":0,"isVideo":false,"video":null,"symbols":[],"gpt_button":0,"need_auth":false,"need_login_tip":false,"code":"91000000","status":"200"}}}