2x Chainlink ETF (CHNU)

The 2x Chainlink ETF (CHNU) is a leveraged exchange-traded fund listed on Cboe BZX that seeks daily investment results equal to twice the daily performance of LINK, the native token of the Chainlink network.

Chainlink is a decentralized oracle network that delivers off-chain data to blockchain smart contracts. The fund obtains its leveraged exposure through derivatives and resets its leverage daily, so its 2x objective applies to single-day returns only; over longer periods, compounding can cause results to differ substantially from twice LINK's return.