COIG

Leverage Shares 2X Long COIN Daily ETF

$24.12

+0.00%

Market closed. Last update: 11:55 AM ET

📎 Investment Objective

The Leverage Shares 2X Long COIN Daily ETF (COIG) seeks to provide 2x the daily return of the price of Bitcoin, before fees and expenses.

Overview

ETF tracking Leverage Shares 2X Long COIN Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-14

Market Cap $5.1M

Average Volume N/A

Dividend Yield N/A

52-Week Range $10.34 - $64.37

VWAP $23.32

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The Leverage Shares 2X Long COIN Daily ETF (COIG) seeks to provide 2x the daily return of the price of Bitcoin, before fees and expenses.

🎯 Investment Strategy

The ETF uses derivatives and other financial instruments to provide leveraged exposure to the price of Bitcoin. It aims to achieve its objective on a daily basis, but the returns may not match 2x the Bitcoin price over longer time periods due to the effects of compounding.

✨ Key Features

Provides 2x leveraged exposure to the price of Bitcoin
Resets leverage daily, so returns may not match 2x the underlying over time
Relatively new ETF with low assets under management
Expense ratio of 0.00%

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for divergence between the fund's returns and 2x the Bitcoin price over longer time periods
Liquidity risk due to low assets under management
Volatility and price fluctuations in the underlying Bitcoin market

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors who have a short-term trading horizon and understand the risks of leveraged exposure. It is not recommended for long-term buy-and-hold investors or those with a low risk tolerance.