The leveraged ETF CONL linked to Coinbase's stock price rose by as much as 62% in one day

PA一线
PA一线11/08/2024, 03:05 AM

PANews reported on November 8 that according to The Block, after Trump won the US presidential election, Coinbase (COIN) stock price surged by more than 30% on Wednesday trading day and approached its high point of the year, driving the GraniteShares 2x Long COIN Daily ETF (CONL) linked to it to perform even better, with a daily increase of 62%. The ETF's single-day increase may set a record, with a trading volume of nearly US$1 billion and an asset size of nearly US$1 billion.

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