GraniteShares 2x Short COIN Daily ETF
Data updated: 2026-09-11
C000243824 — GraniteShares 2x Short COIN Daily ETF. Leveraged · $15.96M AUM · 1.15% expense ratio. Holdings, fees, performance and SEC filings.
C000243824 Fund Overview
GraniteShares 2x Short COIN Daily ETF is a US ETF managed by GraniteShares ETF Trust, categorised as Leveraged. ABC INVEST provides holdings, performance, costs, cashflows, risk data, prospectus documents and SEC filings, sourced from SEC filings.
- Type: US ETF
- Manager: GraniteShares ETF Trust
- Category: Leveraged
- Assets under management: $15.96M
- 1-year return: -61.2%
- SEC CIK: 0001689873
- SEC series ID: S000081153
- Share class ID: C000243824
C000243824 Investment Objective and Strategy
GraniteShares 2x Short COIN Daily ETF describes its objective and strategy as follows, from its latest prospectus filed with the SEC by GraniteShares ETF Trust.
Investment objective
The Fund seeks daily investment results, before fees and expenses, of -1 time (-100%) the daily percentage change of the common stock of Coinbase Global, Inc. Class A (NASDAQ: COIN).
Principal investment strategy
The Fund is an actively managed exchange traded fund that attempts to replicate the inverse (-100%) daily percentage change of the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate the inverse daily performance of the Underlying Stock for a single day. A single day is defined as being calculated from the close of regular trading on one trading day to the close on the next trading day. The Fund will enter into one or more swap agreements with major financial institutions for a specified period ranging from a day to more than one year whereby the Fund and the financial institution will agree to exchange the return (or differentials in rates of return) earned or realized on the Underlying Stock. The gross return to be exchanged or swapped between the parties is calculated with respect to a notional amount, e.g., the return on or change in value of a particular dollar amount representing the Underlying Stock.
The Fund may invest in (1) U.S. Government securities, such as bills, notes and bonds issued by the U.S. Treasury; (2) money market funds; (3) short term bond ETFs and/or (4) corporate debt securities, such as commercial paper and other short-term unsecured promissory notes issued by businesses that are rated investment grade or of comparable quality as collateral for the Funds swap agreements. The Fund has adopted a policy to have at least 80% of its investment exposure to financial instruments with economic characteristics that should have the inverse performance of the Underlying Stock. Due to the Funds investment exposure to the Underlying Stock, the Funds investment exposure is concentrated in the financial services industry. The Fund is expected to post between 40% and 60% of its assets as collateral under the swap agreements.
The Fund expects to use Cowen Financial Products LLC as its initial swap counterparty. Cowen Financial Products LLC is a conditionally registered swap dealer and is required to file certain reports from time to time with the Securities and Exchange Commission. Cowen Financial Products LLC is an indirect subsidiary of Toronto Dominion Bank, a Canadian company whose shares are listed for trade on the New York Stock Exchange (NYSE) under the symbol TD. Debts of Cowen Financial Products LLC as it may relate to the Fund are not guaranteed by its parent company. Coinbase Global, Inc. is a financial technology company that provides end-to-end financial infrastructure and technology for the crypto economy. COIN is registered under the Securities Exchange Act of 1934, as amended (the Exchange Act).
Information provided to or filed with the Securities and Exchange Commission by COIN pursuant to the Exchange Act can be located by reference to the Securities and Exchange Commission file number 001-40289 through the Securities and Exchange Commissions website at www.sec.gov. In addition, information regarding COIN may be obtained from other sources including, but not limited to, press releases, newspaper articles and other publicly disseminated documents. Because of daily rebalancing and the compounding of each days return over time, the return of the Fund for periods longer than a single day will be the result of each days returns compounded over the period, which will very likely differ from -100% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stocks performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stocks performance decreases over a period longer than a single day.
THE FUND, THE GRANITESHARES ETF TRUST, AND GRANITESHARES ADVISORS LLC ARE NOT AFFILIATED WITH THE UNDERLYING STOCK. This prospectus relates only to the Fund shares offered hereby and is not a prospectus for the common stock or other securities of Coinbase Global, Inc. The common stock of Coinbase Global, Inc. (COIN) is registered under the Securities Exchange Act of 1934, as amended (the Exchange Act). Information provided to or filed with the Securities and Exchange Commission by Coinbase Global, Inc. pursuant to the Exchange Act can be located at the Securities and Exchange Commissions website at www.sec.gov. In addition, information regarding Tesla, Inc. may be obtained from other sources including, but not limited to, press releases, newspaper articles and other publicly disseminated documents.
C000243824 Holdings
Top 1 holdings of GraniteShares 2x Short COIN Daily ETF by percentage of net assets, from the fund's latest SEC N-PORT filing.
| Holding | % of net assets |
|---|---|
| Treasury Bill | 524.52% |
C000243824 Portfolio Allocation
Asset-class allocation of GraniteShares 2x Short COIN Daily ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Asset class | Allocation |
|---|---|
| Fixed Income | 524.5% |
C000243824 Performance
Total returns for C000243824 (as of 2026-10-01), from SEC filings.
| Period | Total return |
|---|---|
| YTD | -6.7% |
| 1 year | -61.2% |
C000243824 Risk Information
Risk metrics for C000243824, derived from monthly returns in SEC filings.
- 1-year volatility (annualised): 112.7%
C000243824 Costs and Fees
C000243824 costs about $115 per $10,000 invested per year in fund expenses.
- Net expense ratio: 1.15%
- Gross expense ratio: 1.43%
- Brokerage commissions: 0.00 bps of average net assets (SEC N-CEN)
C000243824 Cashflows
Over the 12 months to 2026-06, GraniteShares 2x Short COIN Daily ETF had net outflows of $40.68M, from monthly SEC N-PORT filings.
| Month | Net flow |
|---|---|
| 2026-06 | −$2.57M |
| 2026-05 | −$2.66M |
| 2026-04 | $2.45M |
| 2026-03 | $260.71K |
| 2026-02 | $3.36M |
| 2026-01 | −$8.81M |
C000243824 Debt Constituents
Largest debt holdings of GraniteShares 2x Short COIN Daily ETF by percentage of net assets, from the latest SEC N-PORT filing.
| Debt holding | % of net assets |
|---|---|
| Treasury Bill | 524.52% |
C000243824 Prospectus and SEC Filings
Official GraniteShares 2x Short COIN Daily ETF filings on SEC EDGAR — prospectus, portfolio holdings and annual reports.
- Prospectus supplement (497) — filed 2024-01-22
- Prospectus supplement (497) — filed 2023-08-04
- Portfolio holdings (N-PORT) — filed 2026-08-31
- Portfolio holdings (N-PORT) — filed 2026-05-28
- Portfolio holdings (N-PORT) — filed 2026-02-27
- Annual census (N-CEN) — filed 2026-09-11
- Annual census (N-CEN) — filed 2025-09-12
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Data Sources
ABC INVEST compiles this page from public filings made to the U.S. Securities and Exchange Commission (SEC) through EDGAR: portfolio holdings and monthly cashflows from Form N-PORT, expenses and returns from fund prospectuses (Form 485BPOS) and the SEC DERA Risk/Return Summary data sets, annual data from Form N-CEN, and shareholder reports from Form N-CSR.