GraniteShares 2x Long NVDA Daily ETF

NVDL doubles NVIDIA's daily move, and that simple promise made it one of the most popular single-stock leveraged funds ever launched. GraniteShares brought it out in December 2022, just before NVIDIA's AI-fueled run turned it into a multi-trillion-dollar company, and assets poured in as traders chased amplified upside. The fund seeks 200% of the stock's return each day using total-return swaps. The daily reset is the trade-off every buyer has to understand: in a steady uptrend the compounding works in their favor, but in choppy or falling markets it drags, and returns over weeks or months can look nothing like twice NVIDIA's cumulative move. A sharp drop hurts twice as much. It is designed for short holding periods and active traders with a strong directional view, not as a way to own NVIDIA for the long haul.

On MyRWA, NVDL trades tokenized across 7 on-chain venues - see the listings below.