GraniteShares 2x Long COIN Daily ETF is trading 3.4% up today as Coinbase and crypto-related risk assets bounce back from a week of sharp declines.

  • The recovery follows recent weakness tied to security concerns and macroeconomic uncertainty in the digital asset space, which had pressured Coinbase shares.
  • The move is notably sector-specific, as broader U.S. indices are trading slightly lower, highlighting the ETF's high volatility and 2x leveraged exposure to COIN performance.