GraniteShares 2x Long IONQ Daily ETF (IONL) – Overview, Suitability, and Technical Analysis
The GraniteShares 2x Long IONQ Daily ETF (ticker: IONL) is a leveraged, non-diversified ETF designed to deliver twice (200%) the daily performance of IonQ Inc. (NASDAQ: IONQ), a pioneer in quantum computing technology. The fund achieves this exposure through a combination of direct stock holdings and derivatives, resetting its leverage daily. This structure makes IONL suitable primarily for short-term traders and investors who seek amplified exposure to IonQ’s stock price movements.
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