Leverage Shares 2x Long GRAB Daily ETF
GRAG
NASDAQ Global Market- -
USD
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- -
Capital Structure
FRC
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in mil. unless spec.Working Capital
FRC
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in mil. unless spec.Growth Rates
FRC
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in mil. unless spec.Quarterly Revenue
FRC
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in mil. unless spec.Quarterly Earnings Per Share
FRC
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in mil. unless spec.Quarterly Dividends Per Share
FRC
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in mil. unless spec.- CEO
- Calvin Tsang
- Sector
- Financial Services
- Industry
- Asset Management - Leveraged
- Address
- 34 East Putnam Avenue Greenwich CT United States of America 06830
- IPO Date
- Dec 11, 2025
- Website
- globalxetfs.com
- Similar Companies
- Business
- Leverage Shares 2X Long GRAB Daily ETF (GRAG) is an actively managed exchange-traded fund that seeks to provide 2x (200%) daily leveraged exposure to the performance of Grab Holdings Limited (NASDAQ: GRAB) common stock, minus fees and expenses; it achieves this objective through investments in swaps and financial instruments linked to GRAB, cash equivalents such as First American Treasury Obligations Fund, and daily rebalancing by Themes Management Company, LLC; the fund trades on the NASDAQ exchange under the ticker GRAG (CUSIP: 88340F746) with a total expense ratio of 0.75%, 25,000 shares outstanding, and four primary holdings including GRAB Holdings swaps. GRAG targets active traders seeking magnified short-term results from GRAB, a Southeast Asian superapp focused on ride-hailing, food delivery, and financial services, while offering benefits such as exchange-like trading, no margin call risk, and losses capped to the invested amount; it is non-diversified, concentrated in the transport sector (aligned with GRAB's operations), and emphasizes United States exposure through its U.S.-listed structure. Launched on December 11, 2025, and headquartered in Greenwich, Connecticut through Leverage Shares by Themes operations at 34 East Putnam Avenue, Suite 112, the ETF represents part of Leverage Shares' broader expansion in the U.S. single-stock leveraged ETF suite; this suite grew significantly in 2025 with the simultaneous December 11 launch of five additional 2x leveraged ETFs on Opendoor Technologies (OPEN), Cipher Mining (CIFR), Duolingo (DUOL), Lithium Americas Corp (LAC), and United Parcel Service (UPS), alongside earlier innovations like the September introduction of the first 3x single-stock ETPs on Robinhood (HOOD), Hims & Hers (HIMS), UnitedHealth (UNH), Intel, Broadcom, and ASML on the London Stock Exchange. Leverage Shares, founded in 2017 as a pioneer in physically replicated single-stock ETPs primarily in Europe across the London Stock Exchange, Euronext Paris, Euronext Amsterdam, and Borsa Italiana, has extended its U.S. presence via partnerships with Themes ETFs and ALPS Distributors, Inc., emphasizing 2x, 3x, -1x, -2x, -3x, and -5x leveraged and inverse products on equities, themes, commodities, and fixed income without derivatives like swaps in core European offerings; no major acquisitions, funding rounds, or reorganizations have been reported in the last 1-2 years, though product turnover rose 86% year-to-date through August 2025 versus 2024.