RDTL

GraniteShares 2x Long RDDT Daily ETF

$37.38

+0.00%

Market closed. Last update: 11:57 AM ET

📎 Investment Objective

The GraniteShares 2x Long RDDT Daily ETF (RDTL) seeks to provide 2x the daily return of the RDDT index, which tracks the performance of a basket of cryptocurrencies.

Overview

ETF tracking GraniteShares 2x Long RDDT Daily ETF

Category Leveraged

Issuer Other

Inception Date 2025-03-25

Market Cap $25.0M

Average Volume N/A

Dividend Yield N/A

52-Week Range $11.57 - $82.47

VWAP $37.32

Performance

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Price Chart

Investment Summary

📎 Investment Objective

The GraniteShares 2x Long RDDT Daily ETF (RDTL) seeks to provide 2x the daily return of the RDDT index, which tracks the performance of a basket of cryptocurrencies.

🎯 Investment Strategy

The fund uses derivatives and other financial instruments to provide leveraged exposure to the RDDT index. It rebalances daily to maintain the 2x leverage target.

✨ Key Features

Provides 2x daily leveraged exposure to a basket of cryptocurrencies
Rebalances daily to maintain the 2x leverage target
Relatively new fund with limited performance history
Expense ratio of 0.00%

⚠️ Primary Risks

Significant risk of loss due to the leveraged nature of the fund
Potential for volatility and large daily swings in value
Tracking error risk - the fund may not perfectly match the 2x daily return of the index
Liquidity risk and potential for wide bid-ask spreads

👤 Best For

This ETF is best suited for experienced, risk-tolerant investors seeking to make short-term, speculative bets on the cryptocurrency market. It is not recommended for conservative or long-term investors due to the high risk profile.