Nvidia ETF That Delivers Double Gains Sees Record Flows
- GraniteShares 2x Long NVDA ETF took in $252 million last week
- Fund is ‘key indicator of retail sentiment,’ says JonesTrading
The ETF has grown to $1.4 billion since launching at the end of 2022.
Photographer: Joel Saget/AFP/Getty ImagesThis article is for subscribers only.
Artificial-intelligence bulls are increasingly gravitating toward an ETF that amps up bets on Nvidia Corp. as trading volumes and inflows hit all-time highs.
After notching a record $252 million in fresh capital last week, the GraniteShares 2x Long NVDA Daily exchange-traded fund (ticker NVDL) saw its second-biggest trading volume on Monday as Wall Street’s AI darling extended its Friday retreat.