GraniteShares 2x Long RDDT ETF

GraniteShares 2x Long RDDT ETF is an exchange-traded fund that seeks to provide twice the performance of Reddit's most popular stocks over a single day. Designed to capitalize on the volatility and trading volumes driven by social media discussions, this leveraged ETF uses financial products like swaps to achieve its daily investment objective. It targets investors looking to amplify their exposure to the trending stocks influenced by the Reddit community, particularly those involved in sectors heavily impacted by retail investor activity, such as technology, consumer goods, and entertainment. Serving as a tool for strategic short-term positioning, the GraniteShares 2x Long RDDT ETF plays a role in the market by offering liquidity and magnifying movements in highly speculative stock segments, all driven by user-generated sentiment and buzz on online platforms.