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GMGEX

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1m

Analysis and statistics

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About

GMGEX.US is the ticker symbol for the GraniteShares 1.75x Long Coinbase Daily ETF. This exchange-traded fund (ETF) aims to deliver 1.75 times the daily performance of Coinbase Global Inc. (COIN) stock. It is designed for sophisticated investors who seek to amplify their short-term exposure to Coinbase and should be used with caution due to the inherent risks associated with leveraged ETFs. These funds are typically not suitable for long-term investment strategies.
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Factors

Major factors that affect the price of GMGEX.US funds include: Underlying Asset Performance: The fund's price heavily relies on the performance of the assets it holds, such as stocks or commodities.

Supply and Demand: Market forces of supply and demand directly influence the trading price of the fund's shares.

Economic Conditions: Broad economic indicators, including inflation, interest rates, and GDP growth, can impact investor sentiment and fund valuation.

Company News: Company-specific news about firms held within the fund can move individual stock prices and overall fund value.

Global Events: Geopolitical events, regulatory changes, and other global occurrences can introduce volatility and alter investor appetite.

Fund Management: The fund manager's strategy, investment decisions, and expense ratio can impact performance.

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