ETP supplier GraniteShares is responding to rising demand with the launch of 23 new merchandise together with the primary Spotify and MicroStrategy 3xLong and 3xShort ETPs listed on the London Inventory Trade.
The newest launches in London provide buyers entry to a variety of alternatives throughout US know-how, Chinese language know-how, electrical automobiles and crypto associated merchandise.
Analysis* for GraniteShares, which provides a spread of 3x quick and 3x leveraged ETPs on fashionable UK, US, and European inventory, discovered multiple in 4 (26%) of buyers who’ve purchased particular person shares up to now yr plan to spice up funding in funds and ETPs over the following 12 months.
New ETPs listed in London embrace 3xLong and 3xShort ETPs centered on US tech giants together with Palantir, AMD and Spotify in addition to Chinese language tech big Alibaba. There are 2x Lengthy and 2x Brief ETPs for Zoom.
Different sectors coated Volkswagen which is increasing into electrical automobiles and crypto-related ETPs overlaying Coinbase, MicroStrategy and Block (Sq.).
The newest launches construct on rising curiosity in ETPs within the UK and enlargement at GraniteShares throughout Europe up to now yr which has seen it listing merchandise on nationwide exchanges in Germany, France and Italy.
Will Rhind, Founder and CEO of GraniteShares, mentioned: “Investor demand for ETPs is increasing within the UK in response to present market circumstances and the most recent launches are designed to satisfy the elevated curiosity.
“They embrace the primary ETPs within the UK overlaying Spotify and MicroStrategy in addition to offering extra alternatives to spend money on US know-how, Chinese language know-how and different attention-grabbing sectors corresponding to electrical automobiles and crypto.
“In in the present day’s risky inventory market, quick and leveraged ETPs improve the buying and selling toolkit by permitting refined buyers the likelihood to enlarge returns in falling in addition to rising markets”