According to Eric Balchunas, BMNU (2x BitMin) has traded over $200 million in its first few days, marking the most volume for a new ETF since the spot BTC/ETH launches (source: Eric Balchunas on X, Sep 30, 2025). He added this is the highest ever for a 2x stock ETF, noting MSTU did about $45 million in its first few days for comparison (source: Eric Balchunas on X, Sep 30, 2025).

According to @EricBalchunas, T Rex's 2x BitMine ETF (BMNU) recorded $32 million in first-day trading volume, indicating heavy launch-day activity for the leveraged product; source: @EricBalchunas on X, Sep 26, 2025. According to @EricBalchunas, BMNU ranked third by day-one volume among approximately 650 ETFs launched this year, trailing only the XRP ETF and the Dan Ives ETF; source: @EricBalchunas on X, Sep 26, 2025.