🟢 GraniteShares 2x Long COIN Daily ETF is trading 3.54% up today as crypto rebounds and Nasdaq rises

GraniteShares 2x Long COIN Daily ETF is trading at $4.97 (+3.54%) as crypto risk appetite improves following last week’s sharp selloff.

• The move is driven by Bitcoin and Ethereum trading firmer overnight and the Nasdaq Composite rising 1.27%, benefiting the highly sensitive 2x leveraged fund.
• The price action follows a steep multi-day decline, suggesting a technical rebound as growth-stock momentum stabilizes.
• Market conditions remain supportive for a short-term bounce with U.S. equities firmer and no major scheduled economic data releases driving new volatility this morning.