GraniteShares 2x Long RIVN Daily ETF Stock Price: Quote, Forecast, Splits & News (RVNL)

GraniteShares Expands Single-Stock ETF Offerings With Rivian Focus

Apr 23, 2025

GraniteShares has launched the 2x Long RIVN Daily ETF, providing investors leveraged exposure to Rivian Automotive’s daily stock movements. The ETF aims to deliver twice the daily return of Rivian shares, appealing to tactical traders seeking to capitalize on EV sector volatility. The fund is listed on Nasdaq under ticker RVNL.

Rivian-Linked ETF Posts Strong Gains Amid EV Market Fluctuations

May 16, 2025

The GraniteShares 2x Long RIVN Daily ETF closed at $51.29 on May 19, up 5.21% for the session. The ETF, designed for short-term traders, mirrors double the daily performance of Rivian stock. Recent price swings reflect ongoing volatility in electric vehicle equities, drawing active interest from risk-tolerant investors.

Investors Warned on Risks as Leveraged EV ETFs Gain Traction

13 hours ago

With increased attention on leveraged single-stock ETFs like the GraniteShares 2x Long RIVN Daily ETF, experts caution these products are best suited for experienced traders. The daily reset mechanism can amplify both gains and losses, making them unsuitable for long-term holding despite growing popularity in the EV investment space.

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