GraniteShares 2x Long MSTR Daily ETF

The GraniteShares 2x Long MSTR Daily ETF is a leveraged exchange-traded fund designed to deliver twice the daily performance of MicroStrategy Inc.'s common stock. Its primary function is to provide +2X daily exposure to changes in MicroStrategy’s share price, making it an instrument tailored for short-term traders and investors seeking amplified returns based on MicroStrategy’s daily movements. The fund does not invest directly in MicroStrategy shares; instead, it utilizes derivatives, such as standardized exchange-traded and FLEX call and put options, to achieve its stated leverage objective. MicroStrategy Inc. is a leading provider of enterprise analytics software and has gained attention for its sizeable Bitcoin treasury holdings, which adds a unique dimension to its risk profile and market relevance. As a single-asset, sector-focused ETF, this product primarily impacts the information technology sector, specifically the application software niche, and is classified as a high-conviction, tactical trading tool. With an active management approach, the GraniteShares 2x Long MSTR Daily ETF is not intended for long-term, buy-and-hold investing; instead, it plays a specialized role in the market for those looking to capitalize on short-term moves in MicroStrategy’s stock price.