Bringing you live news and features since 2006 

GraniteShares launches 5X & 3X FTSE MIB Leveraged ETPs on Borsa Italiana


GraniteShares has launched its first suite of 5X & 3X Leveraged ETPs on the FTSE MIB Index.

The firm writes that investors now have access, in euros and on the Italian Stock exchange, to four ETPs offering long and short daily leveraged exposures (5x and 3x) to the major Italian index.

The FTSE MIB is the primary benchmark Index for the Italian equity markets. Capturing approximately 80 per cent of the domestic market capitalization, GraniteShares writes that the Index is comprised of highly liquid, leading companies across the main sectors in Italy.

The FTSE MIB Index measures the performance of 40 Italian equities and seeks to replicate the broad sector weights of the Italian stock market. The Index is derived from the universe of stocks trading on the Borsa Italiana main equity market. Each stock is analysed for size and liquidity, and the overall Index has appropriate sector representation.

GraniteShares’ range of ETPs provide access to popular high conviction investment ideas in a single ticker symbol via ordinary brokerage accounts.

Will Rhind, Founder and CEO at GraniteShares says: “We’re very pleased to expand our Italian ETP offering by providing these exciting exposures to the FTSE MIB. Our 3X and 5X Long and Short ETPs allow sophisticated investors the opportunity to express bullish and bearish trades on the Italian market. These FTSE MIB ETPs complement our existing range of leveraged ETPs on popular stocks such as Tesla (3LTS) , NVIDIA (3LNV), Coinbase (3LCO) and others”.

Latest News

US ETF issuers of active ETFs are facing an increase in fees from the big custodian firms, such as Charles..
ETF data consultant ETFGI reports that assets invested in the global ETF industry reached a new record of USD12.71 trillion..
Calastone has published an ETF white paper which examines several of the processes that take place across the lifecycle of..
Adapting product lines to fit into changing methodologies and meet shifting demand is essential to remaining relevant in the industry..

Related Articles

Taylor Krystkowiak, Themes ETFs
Themes ETFs opened its doors in December 2023, with an introductory suite of 11 ETFs – seven thematic and four...
Konrad Sippel, Solactive
At the end of March, financial index specialist, Solactive, published its 2024 annual report on future trends.  ...
Lorraine Sereyjol-Garros, BNP Paribas
Following changes to the French Monetary and Financial Code and of the French market authority AMF’s General Regulation, it is...
Ed Rosenberg, Texas Capital
Texas Capital Bank first opened its doors back in December 1998 and nowadays offers wealth-management services, as well as commercial,...
Subscribe to the ETF Express newsletter

Subscribe for access to our weekly newsletter, newsletter archive, updates on the site and exclusive email content.

Marketing by