GraniteShares announces it has surpassed $5 billion in assets under management (AUM), reaching 5.199B at the close of market yesterday.
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Will Rhind, Founder and CEO at GraniteShares
- Leveraged ETFs linked to AI and Crypto drive increased trading and AUM
- Growing interest in hedging portfolios sees investors going long and short on Nvidia
Rising demand for the firm’s leveraged ETFs highlights investor appetite for amplified market exposure
“Our core mission has always been to provide investors with innovative and accessible investment solutions,” said Will Rhind, Founder and CEO of GraniteShares. “Investors want to maximize exposure to AI, Tech and Crypto, and at times hedge those positions. Our 3X Short and Leveraged Single Stock offerings allow that with the efficiency of an ETP structure.”
Notably, products like the GraniteShares 3x Long Nvidia Daily ETP (3LNV) and the GraniteShares 3x Leverage Coinbase (COIN) have gained significant popularity for their amplified exposure to rapidly evolving sectors such as AI and crypto.
Source: ETFWorld.co.uk
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