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home / news releases / COIN - GraniteShares 2x Long COIN ETF: Take The Money And Run

COIN - GraniteShares 2x Long COIN ETF: Take The Money And Run

Coinbase Global Inc

2024-04-19 11:27:21 ET

Summary

  • GraniteShares 2x Long COIN ETF (CONL) aims to provide 2 times the daily percentage change of Coinbase stock.
  • Leveraged ETFs come with risks, notably decay from daily rebalancing.
  • Given the recent run and the extreme valuation in COIN, leveraged long Coinbase via CONL is the wrong trade at this point in time.

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For further details see:

GraniteShares 2x Long COIN ETF: Take The Money And Run
Stock Information
Company Name: Coinbase Global Inc
Stock Symbol: COIN
Market: NASDAQ
Website: coinbase.com
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