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Graniteshares Etf Trust - Graniteshares 1.5x Long Coin Daily Etf
42.13
-4.00 (-8.67%)
Last Update: 01 Jul 2025 23:02:00
Yesterday: 46.13
Day's Range: 41.76 - 46.83
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When Written:
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GraniteShares ETF Trust - GraniteShares 1.5x Long COIN Daily ETF is an exchange-traded fund (ETF) that seeks to provide daily investment results that correspond to 1.5 times the daily performance of the Coinbase Global Inc. (COIN) stock. The ETF is designed to provide leveraged exposure to the COIN stock, which is a leading cryptocurrency exchange platform.
The fund invests primarily in equity securities of companies that are involved in the cryptocurrency industry. The ETF uses a mathematical model to determine the appropriate leverage ratio to achieve the desired daily performance.
Investors should be aware that leveraged ETFs are designed to provide amplified returns in a short-term trading environment. They are not suitable for long-term investors or those seeking a steady income stream. Additionally, leveraged ETFs are subject to higher volatility and may experience significant losses during market downturns.
The GraniteShares ETF Trust - GraniteShares 1.5x Long COIN Daily ETF trades on the NYSE Arca under the ticker COINXL. The fund has an expense ratio of 0.95%.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
The fund invests primarily in equity securities of companies that are involved in the cryptocurrency industry. The ETF uses a mathematical model to determine the appropriate leverage ratio to achieve the desired daily performance.
Investors should be aware that leveraged ETFs are designed to provide amplified returns in a short-term trading environment. They are not suitable for long-term investors or those seeking a steady income stream. Additionally, leveraged ETFs are subject to higher volatility and may experience significant losses during market downturns.
The GraniteShares ETF Trust - GraniteShares 1.5x Long COIN Daily ETF trades on the NYSE Arca under the ticker COINXL. The fund has an expense ratio of 0.95%.
Note: This message is generated by artificial intelligence; it does not guarantee the accuracy of the information it contains and should not be considered as investment advice.
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