Direxion Daily COIN Bull 2X ETF
NASDAQ Global MarketRecent
price
P/E
ratio
div
yld
- -
ROIC.AI
Capital Structure
•
in mil. unless spec.Working Capital
•
in mil. unless spec.Growth Rates
•
in mil. unless spec.Quarterly Revenue
•
in mil. unless spec.Quarterly Earnings Per Share
•
in mil. unless spec.Quarterly Dividends Per Share
•
in mil. unless spec.- Similar Companies
- Business
- Direxion Daily COIN Bull 2X Shares (ticker: CONX) is a leveraged exchange-traded fund (ETF) that seeks daily investment results, before fees and expenses, of 200% of the daily performance of the Coinbase Global, Inc. (COIN) stock price. The fund provides amplified exposure to the performance of COIN, a leading cryptocurrency exchange platform, through the use of swap agreements, futures contracts, and other financial instruments designed for short-term trading strategies; it does not invest directly in COIN shares or cryptocurrencies. CONX targets sophisticated investors seeking magnified returns from single-stock volatility, with primary services including daily rebalancing to maintain leverage, liquidity provision on major U.S. exchanges, and risk disclosures emphasizing potential for significant losses due to compounding effects over periods longer than one day. Operated within the financial services industry, specifically the leveraged and inverse ETF segment, CONX serves retail and institutional traders focused on cryptocurrency-related equities. Geographically, the fund operates across U.S. markets, listed on the Nasdaq Stock Exchange, with assets under management fluctuating based on market conditions and investor inflows. Launched in 2021 by Direxion Investments, a subsidiary of Rafferty Asset Management, LLC, headquartered in Rye Brook, New York, the fund aligns with Direxion's portfolio of over 50 tactical ETFs targeting sectors like technology, commodities, and high-beta stocks. No major strategic changes, such as partnerships, acquisitions, funding rounds, new product launches, or rebrands, have been publicly announced for CONX within the last two years, reflecting its stable operation as a rules-based leveraged product amid evolving cryptocurrency market dynamics.
Direxion Ignites New ETFs To Fuel Bold Bets On Coinbase, Robinhood, Intel, Oracle
CONX Corp. Announces Acquisition of Red Technologies SAS
Delisting of Securities of CONX Corp.; Priveterra Acquisition Corp. II; Yield10 Bioscience, Inc.; Aesthetic Medical International Holdings Group Ltd.; Breeze Holdings Acquisition Corp.; Quadro Acquisition One Corp.; DermTech, Inc.; TRACON Pharmaceuticals, Inc.; eFFECTOR Therapeutics, Inc.; Dynatronics Corporation; and Canna-Global Acquisition Corp. from The Nasdaq Stock Market
OTC Markets Group Welcomes CONX Corp. to OTCQX
CONX Corp. Announces Closing of Initial Business Combination
CONX Corp. Announces Final Tender Offer Results
CONX Corp. Announces Change in Tender Offer Price to Complete Business Combination
CONX Corp. Announces Tender Offer to Complete Business Combination
CONX Files Proxy Statement for Stockholders to Vote on Extension of Completion Period; Discloses Preliminary Discussions Regarding Business Combination