Mintiply Capital has acquired a stake in GraniteShares’ NVDL ETF, marking the largest ETF transaction in the GCC with total net assets of $4.909 billion.

Target Information

Mintiply Capital has made a notable investment by acquiring a stake in GraniteShares’ NVDL ETF, which boasts total net assets of $4.909 billion and an impressive yield of 12.81%. This acquisition represents the largest transaction of its kind in the GCC region, further solidifying Mintiply Capital’s status as a leading player in the exchange-traded fund (ETF) market.

GraniteShares’ NVDL ETF is uniquely structured to deliver twice (200%) the inverse daily performance of NVIDIA Corporation’s stock. It employs advanced financial instruments, including swap agreements, making it an actively managed fund that provides investors with opportunities to capitalize on daily stock fluctuations of a significant player in the technology sector.

Industry Overview

The ETF industry has experienced remarkable growth in recent years, establishing itself as a critical segment of global asset management. The sector has achieved a cumulative annualized growth rate (CAGR) of 1