Leverage Shares 2X Long COIN Daily ETF (COIG)Trading--Leveraged Equity | Exchange Traded Fund | NasdaqGM
5.55 USD
-0.81
(-12.715%) ⇩
(Aug. 28, 2026, 4 p.m.
EDT)
After hours: 5.50 -0.05 (-0.051%) ⇩ (Aug. 28, 2026, 7:18 p.m. EDT) |
Hot Take ↕ | Aug. 22, 2026, 2:22 a.m. EDT
This is a leveraged daily ETF tracking Coinbase, and the data reveals a classic 'death spiral' scenario for long-term holders. The price has collapsed from a high of $52 to roughly $6 in just weeks, representing a catastrophic loss of capital. The recent price action shows a frantic, volatile bounce from $3.86 to $6.14, but this is merely a dead-cat bounce off the lows; the 200-day average sits at $10.49, meaning the asset is still down roughly 40% from its moving average. The lack of any dividend history and the zero-year price window confirm this is a brand-new or delisted instrument with no historical track record to support a long-term thesis. While the options flow shows aggressive speculation on a further collapse or a miraculous recovery, the fundamental reality is that the underlying business has been reassessed by the market as having lost significant value. For a leveraged product, this structural decline is fatal. There is no 'value' here, only the residual hope of a crypto rally. Avoid. |
| Model | MAE |
|---|---|
| AutoARIMA ✓ | 0.327648 |
| AutoETS | 0.331985 |
| AutoTheta | 0.333936 |
| MSTL | 0.337899 |
Forecast horizon: 45 days | Selected: AutoARIMA
| Forecast Reliability | |
|---|---|
| Score | 31% |
| H-stat | 2.04 |
| Ljung-Box p | 0.001 |
| Jarque-Bera p | 0.501 |
| Excess Kurtosis | -0.14 |
As of Aug. 22, 2026, 2:22 a.m. EDT: Speculators are positioning for a binary outcome on the immediate expiration with heavy out-of-the-money call buying (80 contracts at $8 strike vs 27 ITM), suggesting a speculative bet on a massive gap-up. However, put volume is nearly equal to call volume (21 vs 15 OTM), creating a 'straddle' style setup where traders are betting on volatility rather than direction. The massive IV spike at distant strikes ($30 calls, $3 puts) indicates fear of extreme tail events, while the near-term IV remains compressed, implying the market expects a calm week followed by potential chaos.
| Attribute | Value |
|---|---|
| All Time High | 71.989 |
| All Time Low | 3.5 |
| Ask | 5.13 |
| Ask Size | 2 |
| Average Daily Volume10 Day | 252,650 |
| Average Daily Volume3 Month | 179,287 |
| Average Volume | 179,287 |
| Average Volume10Days | 252,650 |
| Beta3 Year | 0.0 |
| Bid | 2.99 |
| Bid Size | 2 |
| Category | Trading--Leveraged Equity |
| Crypto Tradeable | 0 |
| Currency | USD |
| Custom Price Alert Confidence | HIGH |
| Day High | 6.16 |
| Day Low | 5.4052 |
| Dividend Yield | 0.0 |
| Esg Populated | 0 |
| Exchange | NGM |
| Exchange Data Delayed By | 0 |
| Exchange Timezone Name | America/New_York |
| Exchange Timezone Short Name | EDT |
| Fifty Day Average | 4.82856 |
| Fifty Day Average Change | 0.7227402 |
| Fifty Day Average Change Percent | 0.14968027 |
| Fifty Two Week Change Percent | -82.132164 |
| Fifty Two Week High | 52.0 |
| Fifty Two Week High Change | -46.4487 |
| Fifty Two Week High Change Percent | -0.8932442 |
| Fifty Two Week Low | 3.5 |
| Fifty Two Week Low Change | 2.0513 |
| Fifty Two Week Low Change Percent | 0.58608574 |
| Fifty Two Week Range | 3.5 - 52.0 |
| First Trade Date Milliseconds | 1,742,218,200,000 |
| Full Exchange Name | NasdaqGM |
| Fullday Change | -0.8087 |
| Fullday Change Percent | -12.7154 |
| Fullday Price | 5.5 |
| Fund Family | Themes ETF Trust |
| Fund Inception Date | 1,741,824,000 |
| Gmt Off Set Milliseconds | -14,400,000 |
| Has Pre Post Market Data | 1 |
| Ipo Expected Date | 2,025-03-14 |
| Language | en-US |
| Legal Type | Exchange Traded Fund |
| Long Business Summary | The fund is an actively managed ETF. It invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics, that, in combination, provide 200% daily leveraged exposure to COIN, consistent with the fund’s investment objective. The fund is non-diversified. |
| Long Name | Leverage Shares 2X Long COIN Daily ETF |
| Market | us_market |
| Market State | CLOSED |
| Max Age | 86,400 |
| Message Board Id | finmb_1889224567 |
| Nav Price | 6.3605 |
| Net Assets | 7,003,771.0 |
| Net Expense Ratio | 0.78 |
| Open | 6.07 |
| Post Market Change | -0.05130005 |
| Post Market Change Percent | -0.92410874 |
| Post Market Price | 5.5 |
| Post Market Time | 1,787,959,110 |
| Previous Close | 6.36 |
| Price Hint | 2 |
| Quote Source Name | Nasdaq Real Time Price |
| Quote Type | ETF |
| Region | US |
| Regular Market Change | -0.8087001 |
| Regular Market Change Percent | -12.715409 |
| Regular Market Day High | 6.16 |
| Regular Market Day Low | 5.4052 |
| Regular Market Day Range | 5.4052 - 6.16 |
| Regular Market Open | 6.07 |
| Regular Market Previous Close | 6.36 |
| Regular Market Price | 5.5513 |
| Regular Market Time | 1,787,947,200 |
| Regular Market Volume | 178,018 |
| Short Name | Leverage Shares 2X Long COIN Da |
| Source Interval | 15 |
| Symbol | COIG |
| Total Assets | 7,003,771 |
| Tradeable | 0 |
| Trailing Annual Dividend Rate | 0.0 |
| Trailing Annual Dividend Yield | 0.0 |
| Trailing Peg Ratio | None |
| Trailing Three Month Nav Returns | -48.64334 |
| Trailing Three Month Returns | -48.64334 |
| Triggerable | 1 |
| Two Hundred Day Average | 9.76429 |
| Two Hundred Day Average Change | -4.21299 |
| Two Hundred Day Average Change Percent | -0.43146914 |
| Type Disp | ETF |
| Volume | 178,018 |
| Yield | 0.0 |
| Ytd Return | -72.89008 |