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Coinbase has already shown investors how quickly a crypto stock can reverse direction.
ETF and fund investors gave up $3.8 trillion over the past decade to poorly timed trading, Morningstar research shows. That gap, the difference between what funds actually returned and what investors earned, is a number that advisors can help shrink.
Top Performing Leveraged/Inverse ETFs Last Week These were last week's top performing leveraged and inverse ETFs. Note that because of leverage, these kinds of funds can move quickly.
If you put $10,000 into the GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) at Thursday's close and checked the account Friday afternoon, you had about $8,556.
The GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) delivers two times the daily move of Coinbase (NASDAQ:COIN | COIN Price Prediction).
Bitcoin and Ethereum have moved into short-term bullish trends. COIN shares have followed the leading cryptocurrencies. Several factors support another boom period for the asset class.
Bitcoin gained 12.7% in April, registering back-to-back monthly gains and its best month since April 2025. The run was driven by leveraged trading activity in the derivatives market while demand for the spot bitcoin contracted, signaling weakness in the rally, according to CryptoQuant.
Here is the math that should anchor every conversation about GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL): Coinbase stock is down roughly 12% this year, and CONL is down roughly 40%.
SEC filings for CONL aren't indexed yet — common for recently launched funds. Browse the issuer's filings on SEC EDGAR directly.