GraniteShares 2x Long COIN Daily ETF is trading 10.6% up today as Coinbase, Bitcoin, and Ethereum recover following a relief rally in risk assets and the de-escalation of Iran–Israel tensions.
- The fund's 2x daily leverage is magnifying gains after an exaggerated downside move triggered by last week's strong May jobs report and rising interest rate expectations.
- Broader crypto market sentiment has improved as geopolitical risks subside, driving a recovery in high-beta digital asset proxies and leveraged ETFs.