The consolidated trading of Rolls Royce, Nvidia and Bitcoin gives great strength to the ETF and the ETP company

The consolidated trading of Rolls Royce, Nvidia and Bitcoin gives great strength to the ETF and the ETP company


Rolls-Royce Holdings PLC (LSE:RR.), Tesla Inc (NASDAQ:TSLA, ETR:TL0) and NVIDIA Corp (NASDAQ:NVDA, ETR:NVD) were among the top performers of GraniteShares investment products, as exchange- The provider of traded products (ETPs) recorded trading volume in Europe and the United States.

The company, in a statement, said its assets under management have now surpassed $4 billion for the first time.

In a big way, it said that AUM has actually doubled in just the past month and a half, from $2 billion at the beginning of February.

It comes at a time when the company’s ‘single-stock acquired ETPs’ are generating higher returns as these leveraged trading products benefit from the strong performance of the underlying stocks.

Nvidia, through GraniteShares’ 3 times leveraged ETP, and Bitcoin broker Microstrategy, likewise through 3 times leveraged ETP, have provided a profit of 1,800% in the past year, according to the investment company.

Other ‘top performers’ highlighted by GraniteShares include London-listed engineer Rolls-Royce and Elon Musk’s Tesla.

“Our high-fidelity ETPS offering is proving to be more popular than ever as investors look to take advantage of the market,” chief executive Will Rhind said in a statement.

“In the long term, it seems clear that AI and crypto-related stocks are set to be the main themes of the coming year with NVIDIA, Coinbase, and Microstrategy other stocks to watch.”

Exchange-traded products each trade under their own stock market ticker on the Nasdaq, and can be bought and sold through regular brokerage accounts, Granite noted, although the company said the ETPs are only suitable for professional investors.

Being leveraged, such ETPs tend to be more volatile and therefore riskier than investments in the underlying stock – they also have the added effect of compounding, as GraniteShares says ETP products are designed to track the daily movements of the underlying stock and thus after of time. not accurately reflect changes in the underlying stock prices (this will further distort any investment gains and losses).