March 28, 2024

Feb. 28, 2022, 5:16 PM

Another firm has jumped into the race to deliver the first U.S. exchange-traded funds that would allow investors to make leveraged bets on a single stock.

GraniteShares is planning 19 funds that would offer double the daily return on single companies including Coinbase Global Inc., Palantir Technologies Inc. and Tesla Inc., and one fund that would offer the inverse of Tesla, according to a Friday filing with the Securities and Exchange Commission.

The firm is already the largest provider of single-stock exchange-traded products in the world with a number of listings in Europe. Its SEC request comes after …

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