GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL) Shares Gap Up – Here’s Why

Posted by Jessica Moore on Apr 8th, 2026

GraniteShares 2x Long COIN Daily ETF (NASDAQ:CONL – Get Free Report) shares gapped up before the market opened on Monday . The stock had previously closed at $6.74, but opened at $7.02. GraniteShares 2x Long COIN Daily ETF shares last traded at $7.16, with a volume of 8,313,233 shares traded.

GraniteShares 2x Long COIN Daily ETF Trading Down 1.6%

The company’s fifty day moving average is $8.09 and its 200 day moving average is $19.62.

Institutional Inflows and Outflows

Several large investors have recently added to or reduced their stakes in the business. Summit Securities Group LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF during the fourth quarter worth $44,000. Group One Trading LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF during the fourth quarter worth $78,000. NewEdge Advisors LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF during the fourth quarter worth $149,000. Crescent Grove Advisors LLC bought a new stake in GraniteShares 2x Long COIN Daily ETF during the fourth quarter worth $238,000. Finally, Simplex Trading LLC raised its position in GraniteShares 2x Long COIN Daily ETF by 1,390.9% during the fourth quarter. Simplex Trading LLC now owns 19,427 shares of the company’s stock worth $285,000 after acquiring an additional 18,124 shares in the last quarter.

GraniteShares 2x Long COIN Daily ETF Company Profile

(Get Free Report)

The GraniteShares 1.5x Long Coinbase Daily ETF (CONL) is an exchange-traded fund that mostly invests in financials equity. The fund provides 1.5x leveraged exposure, less fees and expenses, to the daily price movement for shares of Coinbase stock. CONL was launched on Aug 9, 2022 and is managed by GraniteShares.