CONI

📎 Investment Objective

The GraniteShares 2x Short COIN Daily ETF (CONI) seeks to provide daily investment results that correspond to twice the inverse (-2x) of the daily performance of the Nasdaq Crypto Index.

✨ Key Features

• Provides 2x inverse exposure to the Nasdaq Crypto Index on a daily basis
• Designed for short-term, tactical trading rather than long-term buy-and-hold investing
• Employs a complex strategy involving derivatives that may not perform as expected
• Has a very low asset base and has not yet established a long-term track record

⚠️ Primary Risks

• Significant risk of loss due to the leveraged, inverse nature of the fund's strategy
• Potential for divergence between the fund's performance and the underlying index over longer holding periods
• Liquidity risk and trading challenges due to the fund's small asset base
• Counterparty risk associated with the derivatives used to implement the strategy

👤 Best For

This ETF is best suited for experienced, sophisticated investors with a high risk tolerance who are looking for a short-term trading tool to potentially profit from declines in the cryptocurrency market. It is not recommended for long-term buy-and-hold investors or those with a low risk appetite.