This list is an analysis based on recent market events. It's not an investment recommendation.
CRDX aims to deliver 2x the price returns linked to ADA futures contracts traded on CFTC-registered exchanges, along with collateral investments like cash or high-quality securities. It aims for full participation in ADA returns by using the price of the near-expiry ADA futures contracts and rolling the futures contracts prior to expiration. Though the fund does not invest directly in ADA, it benefits from ADA futures contracts price increases and exposes investors to all downside risk. ADA is the native token of the Cardano Network, a decentralized, proof-of-stake blockchain platform designed to enable the development and execution of smart contracts and decentralized applications. The fund may hold ADA futures contracts, shares in other ADA-linked ETPs not registered under the 1940 Act (when applicable), ADA referenced indexes, and swap agreements referencing ADA. The fund utilizes a Cayman Island subsidiary to invest via futures contracts.
FAQs
What is 2x Cardano stock price today?▼
The current price of CRDX is $7.37 USD — it has decreased by -3.66% in the past 24 hours. Watch 2x Cardano stock price performance more closely on the chart.
What is 2x Cardano stock ticker?▼
Depending on the exchange, the stock ticker may vary. For instance, on BATS exchange 2x Cardano stocks are traded under the ticker CRDX.
What is 2x Cardano market cap?▼
Today 2x Cardano has the market capitalization of 799.44M
What is 2x Cardano revenue for the last year?▼
2x Cardano revenue for the last year amounts to 0 USD.
What is 2x Cardano net income for the last year?▼
CRDX net income for the last year is -8,000 USD.
Does 2x Cardano pay dividends?▼
Yes, CRDX dividends are paid monthly. The last dividend per share was 0.01 . As of today, Dividend Yield (FWD)% is 1.9%.
In which sector is 2x Cardano located?▼
2x Cardano operates in the Finance & Payments sector.
When did 2x Cardano complete a stock split?▼
The last stock split for 2x Cardano was on September 27, 2013 with a ratio of 10:1.
Where is 2x Cardano headquartered?▼
2x Cardano is headquartered in Palm Beach Gardens, United States.