Daily Leveraged ETFs Lead Market Decliners Amid Sharp Stock Losses
Font: Financial Modeling Prep • Oct 16, 2026
The GraniteShares 2x Long NBIS Daily ETF (NASDAQ: NBIL) fell 24.5% to $12.21, while the Leverage Shares 2x Long NBIS Daily ETF (NASDAQ: NBIG) declined 24.4% to $8.41. Both funds seek approximately twice the daily return of Nebius Group (NASDAQ: NBIS), before fees and expenses.
The Leverage Shares 2x Long CRWV Daily ETF (NASDAQ: CRWG) lost 23.9% to $8.36, with approximately 13.2 million shares traded. The fund targets twice the daily performance of CoreWeave (NASDAQ: CRWV).
The Leverage Shares 2x Long HUT Daily ETF (NASDAQ: HUTG) dropped 22.6% to $7.22, while the GraniteShares 2x Long SMCI Daily ETF (NASDAQ: SMCL) fell 20.0% to $10.94. These funds provide leveraged daily exposure to Hut 8 (NASDAQ: HUT) and Super Micro Computer (NASDAQ: SMCI), respectively.
Because these ETFs reset daily, their returns over longer periods can differ substantially from twice the cumulative returns of their underlying stocks. The available information does not identify a separate fund-specific catalyst for the declines.
Market Overview
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HODO
House of Doge Inc.
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$0.09
37.48%
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NWGL
CL Workshop Group Limited
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$0.23
5.88%
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SXTC
China SXT Pharmaceuticals, Inc.
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$0.07
-5.52%
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ZTG
Zenta Group Company Limited Class A Ordinary Shares
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$0.71
13.16%
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XLAB
Exascale Labs Holdings Inc.
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$2.35
72.79%
|
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SGRX
Sangrix Inc.
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$0.87
26.78%
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SDST
Stardust Power Inc.
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$0.03
-26.24%
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INTC
Intel Corp.
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$89.85
-5.79%
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NVDA
NVIDIA Corporation
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$214.13
-1.43%
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NVD
GraniteShares 2x Short NVDA Daily ETF
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$4.11
3.27%
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