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The Fund seeks daily investment results, before fees and expenses, of 2 times (200%) the daily percentage change of the common stock of Coinbase Global, Inc. Class A (NASDAQ COIN). The Fund is a actively managed exchange traded fund that attempts to replicate 2 times (200%) the daily percentage change the Underlying Stock by entering into a swap agreement on the Underlying Stock. The Fund aims to generate 2 times the 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." Coinbase Global, Inc. (COIN) is a financial technology company that provides end-to-end financial infrastructure and technology for the crypto economy. The Company offers retail users the primary financial account for the crypto economy, institutions a marketplace with a liquidity for transacting in crypto assets, and ecosystem partners technology and services that enable them to build crypto-based applications and accept crypto assets as payment.
Graniteshares 2X Long Coin Daily ETF trades on the NASDAQ stock market under the symbol CONL.
As of September 28, 2026, CONL stock price declined to $6.22 with 11,213,286 million shares trading.
CONL has a beta of 4.98, meaning it tends to be more sensitive to market movements. CONL has a correlation of 0.21 to the broad based SPY ETF.
CONL has a market cap of $587.29 million. This is considered a Small Cap stock.
In the last 3 years, CONL traded as high as $87.37 and as low as $3.56.
CONL has underperformed the market in the last year with a return of -80.0%, while SPY returned +17.6%. This shows that you would have done better investing in the overall market (through SPY) over the last year than in CONL shares. However, CONL has outperformed the market in the last 3 month and 2 week periods, returning +52.3% and +16.9%, while SPY returned +4.6% and +0.5%, respectively. This indicates CONL has been having a stronger performance recently.
CONL support price is $5.72 and resistance is $6.90 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that CONL shares will trade within this expected range on the day.