GraniteShares Asset Management Company recently submitted a new leveraged ETF application aimed at tracking the stock prices of several crypto-related companies, such as Riot Platforms and MicroStrategy. These ETFs allow investors to go long and short simultaneously, providing twice the daily returns of the corresponding stocks. 📈

This year, with the market heating up, leveraged ETFs have become highly favored. The T-Rex 2x Long MSTR Daily Target Fund and the Defiance Daily Target 2X Long MSTR ETF have each attracted over $1.8 billion in assets. 💰

However, it is important to note that these types of funds carry higher risks during market downturns. Recently, MicroStrategy's stock price has fallen, and the related ETFs have seen even larger declines, so investors should exercise caution. ⚠️