CONL ETF (CONL) is trading 5.4% higher as Coinbase stock rebounds alongside a broader recovery in crypto-related equities and improved risk appetite.

  • Broader U.S. markets are trending higher, with all major indices in the green following news of a tentative U.S.-Iran ceasefire extension.
  • Easing Middle East tensions are supporting high-beta and leveraged products, providing a significant tailwind for the GraniteShares 2x Long Coinbase Daily ETF.