GLGG — Leverage Shares 2X Long GLXY Daily ETF
Financial Services • Asset Management
GLGG primarily uses swap agreements to make bullish bets on the share price of Galaxy Digital Inc. Class A (NASDAQ: GLXY). Additionally, the fund may utilize a combination of standardized exchange-traded and FLEX call and put options contracts on GLXY. Galaxy Digital Inc. Class A is involved in the digital asset and blockchain businesses. It offers financial products and services to individuals and institutions through digital asset trading, derivatives, structured products, financing, capital markets, and M&A services. The fund seeks to maintain daily leveraged exposure equivalent to 200% of the daily percentage change in GLXY price through daily rebalancing. As a leveraged product, it is designed for short-term tactical use, not as a long-term investment vehicle. Returns may deviate from the expected 2x if held for longer than a single day due to factors such as volatility and compounding effects. This strategy is high-risk and does not incorporate a defensive position.
Company
- Ticker
- GLGG
- Exchange
- Sector
- Financial Services
- Industry
- Asset Management
- Country
- US
- CEO
- Employees
- Website
- —
Price
Showing ALL history. Source: FMP “historical price full”.
- Prev Close
- $30.04
- Day High
- $33.53
- Day Low
- $29.00
- 52w High
- $45.80
- 52w Low
- $12.38
- Volume
- 64,975
- Avg Volume
- Beta
- 0
Key Metrics
- Market Cap
- 1.82M
- P/E
- P/B
- P/S
- EV/EBITDA
- ROE
- Net Margin
- Div Yield
- FCF/Share
* TTM/most recent where available