Asset manager GraniteShares has filed for new crypto-linked exchange-traded funds (ETFs), including leveraged ETFs to track companies such as Riot Platforms, Marathon Digital, MicroStrategy, and Robinhood. These funds will be both 2x long and 2x short, generating two times the daily returns of the respective stocks. Leveraged ETFs have become popular as the crypto and stock markets have surged to record highs, providing strong returns in uptrends. However, they also come with the risk of underperforming the underlying stock in a bear market. Other companies have launched cryptocurrency-focused ETFs, including those that use covered call options strategies to provide monthly income to investors.



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