ETF manager GraniteShares has filed to increase the leverage on 17 of its ETFs to 200%.
This change is scheduled to be completed by January 22 and will include renaming the funds.
The leverage increase will affect two specific funds: the GraniteShares 1.75x Short AAPL Daily ETF and the GraniteShares 1.75x Long TSLA Daily ETF.
The two funds will see their leverage rise from 175% to 200%.
Similarly, the GraniteShares 1.25x Short AMD Daily ETF will have its leverage increased from 125% to 200%.
The remaining funds in this group will see their leverage rise from 150% to 200%.
GraniteShares has not provided additional comments or clarifications regarding this decision.
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