- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 34 East Putnam Avenue Greenwich CT United States of America 6830
- IPO Date
- Mar 17, 2025
- Business
- Leverage Shares 2X Long COIN Daily ETF (COIG) is an actively managed exchange-traded fund that seeks to deliver two times (200%) the daily percentage change of Coinbase Global, Inc. (COIN) stock, less fees and expenses; it employs derivatives including swaps with counterparties such as Cantor, Clearstreet, and Marex, collateralized by holdings like First American Treasury Obligations Fund; the fund maintains four primary holdings and rebalances daily to achieve its leveraged objective. Launched on March 14, 2025, and listed on NASDAQ under ticker COIG with CUSIP 882927635 and ISIN US8829276356, it features a total expense ratio of 0.75%, shares outstanding of approximately 360,000, and assets under management around $7 million as of late 2025. Headquartered in Greenwich, Connecticut, Leverage Shares operates as part of Leverage Shares LLC, the U.S. arm of the firm founded in 2017, which pioneered single-stock exchange-traded products (ETPs) in Europe and now offers over 160 leveraged and unleveraged ETPs across stocks, ETFs, and commodities on European exchanges, with recent U.S. expansion through Themes ETFs Trust advised by Themes Management Company LLC and distributed by ALPS Distributors, Inc. In the United States, the company targets active traders seeking short-term leveraged exposure without margin accounts or call risks, focusing on cryptocurrency-related opportunities via products like COIG, which provides amplified access to Coinbase as a leading platform amid crypto market growth; it complements a broader lineup including 2x daily leveraged ETFs on stocks such as NVDA, MSTR, and others, as well as capped accelerated monthly ETFs targeting 2x upside with 1x downside. Recent major developments include the March 2025 launch of COIG as the firm's first U.S.-listed crypto-centric ETF and its seventh single-stock leveraged ETF overall, followed by a November 2025 expansion adding nine new 2x leveraged single-stock ETFs tracking NU, NET, OKTA, TER, NEM, CMG, ABNB, SPOT, and SBUX to reach 43 total U.S. leveraged products; additionally, in September 2025, Leverage Shares listed 19 new ETPs on the London Stock Exchange including first-ever 3x leveraged products on HOOD, HIMS, and UNH, alongside cross-listings on Euronext Amsterdam in October 2025 for 21 income-focused products.