Roundhill COIN WeeklyPay ETF (COIW)

Roundhill COIN WeeklyPay ETF is a single-stock exchange-traded fund from Roundhill Investments that provides leveraged exposure to Coinbase Global, Inc., the operator of a U.S.-based cryptocurrency exchange and digital asset platform.

Like other funds in Roundhill's WeeklyPay series, it seeks to deliver 1.2 times, or 120%, of the weekly total return of the underlying stock, before fees and expenses, and it pays distributions to shareholders every week. The exposure is obtained mainly through swaps and other derivatives and is reset on a weekly basis rather than daily.

Because the leverage is reset each week, returns over longer periods can differ from 120% of Coinbase's return over the same span, and distributions may include a return of capital.