- Business
- GraniteShares GAFAM ETC (GFAM.L) is an exchange-traded product (ETP) issued by GraniteShares Financial PLC that provides investors with unleveraged exposure to the Solactive GAFAM Equal Weight TRN Index, which tracks an equal-weighted basket of five leading U.S. technology companies: Alphabet Inc., Amazon.com Inc., Apple Inc., Meta Platforms Inc., and Microsoft Corp.; the ETP is physically replicated, collateralized, and listed on the London Stock Exchange and other European exchanges including Euronext Paris and Deutsche Börse Xetra. GraniteShares, founded in 2016 and headquartered in New York, United States, with additional operations managed through entities such as GraniteShares Jersey Ltd. and GraniteShares Limited in London, United Kingdom, specializes in innovative exchange-traded products and funds offering leveraged, inverse, short, and thematic exposure to single stocks, commodities, high-conviction baskets like FAANG and FATANG, and yield-generating strategies via option overlays. The firm serves professional and institutional investors targeting high-growth sectors, with products available across U.S., U.K., German, French, and Italian stock exchanges; GraniteShares GAFAM ETC was launched on October 2, 2023.
In recent developments, GraniteShares has aggressively expanded its YieldBOOST lineup of income-generating ETFs through multiple launches in 2025, including YBST and YBTY on December 16 for option-based income strategies, YieldBOOST Semiconductor ETF (SEMY) and YieldBOOST Gold Miners ETF (NUGY) on November 18, YieldBOOST ETFs on Rigetti Computing (RGYY) and D-Wave Quantum (QBYY) targeting quantum computing on November 24, RTYY and HMYY for digital assets and consumer health technology on December 1, and MAAY and IOYY on MARA and IONQ on November 3; these additions have propelled the YieldBOOST platform's assets under management beyond $787 million as of late 2025, reflecting a strategic shift toward high-income products tied to disruptive themes. The firm also manages over $10.9 billion in total assets as of September 2025 and continues to innovate with single-stock leveraged ETFs on companies like NVIDIA, Coinbase, and Tesla, alongside physically backed commodities funds. No major acquisitions, funding rounds, or name changes have been reported for GraniteShares in the last 1-2 years, though it terminated its 3x Short GAFAM ETP in October 2024 to streamline offerings.