GraniteShares 2x Long INTC Daily ETF (INTW) is an actively managed exchange-traded fund that seeks daily investment results, before fees and expenses, equal to 2 times (200%) the daily percentage change of the common stock of Intel Corporation (NASDAQ: INTC); the fund achieves this leveraged exposure through financial instruments such as swaps, options including call options purchased and put options sold, and direct holdings of the underlying stock. Launched on February 13, 2025, INTW provides high-conviction investors with magnified daily performance to Intel's share price without the need for margin borrowing or collateral maintenance, targeting sophisticated market participants seeking tactical short-term positions in the semiconductor sector. GraniteShares, the ETF's issuer, founded in 2016 and headquartered at 222 Broadway, 21st Floor, in New York, New York, operates as a global asset manager specializing in innovative exchange-traded products including leveraged and inverse single-stock ETFs, commodities funds, high-income YieldBOOST strategies, and disruptive technology baskets; its offerings span the United States, United Kingdom, Europe (listed on exchanges in Italy, France, and Germany), and Asia, with total assets under management surpassing $13 billion as of late October 2025. In recent developments, GraniteShares has pursued aggressive product innovation and expansion, launching multiple new YieldBOOST ETFs in late 2025 such as those targeting Riot Platforms (RTYY), Hims & Hers Health (HMYY), Rigetti Computing, and D-Wave Quantum to generate income via systematic options strategies on leveraged single-stock exposures; the firm marked significant AUM growth milestones, crossing $11 billion in early October 2025 and $13 billion later that month, driven by demand for single-stock leveraged ETFs and YieldBOOST products, while maintaining its global footprint without reported acquisitions, funding rounds, or structural reorganizations in the past 1-2 years.