GraniteShares 2x Long NBIS Daily ETF (NBIL)

The GraniteShares 2x Long NBIS Daily ETF is a leveraged fund from GraniteShares that seeks daily investment results equal to two times the daily performance of the common stock of Nebius Group, the Amsterdam-based provider of AI-focused cloud infrastructure.

The fund is designed for a single-day horizon and relies mainly on swap agreements for its leveraged exposure. Because the leverage resets daily, performance over longer periods can deviate significantly from twice the cumulative return of Nebius shares. It trades on NASDAQ.