GraniteShares 2x Long CRWD Daily ETF (CRWL) ETF Price, Holdings & News

Technical Score (1D)

BUY

News Sentiment

BULLISH

What's happening to CRWL today?

The CRWL ETF is currently being driven by a sharp rally in CrowdStrike (CRWD) after the company’s shares broke above the $177 support level, a move that could signal renewed momentum for the cybersecurity sector. This technical catalyst comes just days before CRWD’s Q2 earnings, where analysts expect a 26% YoY EPS lift to $0.29 and a 23% revenue rise to $1.44 billion, suggesting that earnings could validate the breakout. Meanwhile, the Black Hat conference highlighted AI agents as both a new threat vector and a catalyst for demand for endpoint protection, reinforcing the long‑term growth narrative for CRWD and its peers. The sector’s valuation is under scrutiny, but recent price‑target revisions—KeyBanc lifting its target to $240 and BTIG raising it to $237—indicate that analysts still see upside despite the high price tags. Insider selling by CEO George Kurtz, while modest, adds a short‑term sentiment layer that traders should watch for potential volatility. Across the ETF’s holdings, the convergence of AI‑driven threat activity, strong earnings guidance, and supportive technical levels suggests a bullish bias for the next 1–10 trading days. The broader cybersecurity theme remains sensitive to regulatory scrutiny, but the current narrative leans toward continued demand growth. Traders should monitor CRWD’s earnings release for any surprise in revenue or margin expansion, as well as any new AI threat developments that could further lift the sector’s valuation.

News Sentiment Analysis

Sentiment gathered from recent headlines

69/100

Strong NegativeNeutralStrong Positive

MODERATELY BULLISH

Recent News Coverage (Top ETF Holdings)

ETF: CRWL

0+ articles

Last updated: April 8, 2026

Understanding GraniteShares 2x Long CRWD Daily ETF

The GraniteShares 2x Long CRWD Daily ETF (CRWL) is structured to deliver twice the daily return of a single equity security, CrowdStrike Holdings Inc. (CRWD). Its holdings are exclusively concentrated in CrowdStrike, either through direct investment or financial derivatives like swaps and options, aiming for a precise 200% daily correlation. This highly concentrated approach means the ETF's performance is entirely dictated by the intraday price movements of CRWD, amplifying both potential upside and downside.

As an actively managed, non-diversified fund, CRWL's strategy is inherently focused on short-term directional bets on its sole underlying asset. The fund's construction, utilizing leverage and derivatives, is designed for tactical trading rather than long-term investment. This structure means investors are exposed to significant risks, including amplified losses if CRWD moves against expectations and potential tracking differences due to daily rebalancing of the leveraged exposure.

This ETF is designed for sophisticated investors with a very specific, short-term bullish outlook on CrowdStrike's daily price action and a high tolerance for risk. It is not suitable for buy-and-hold strategies or investors seeking broad market or sector diversification. Its utility lies in its ability to magnify short-term gains on a single stock, but this comes with the commensurate risk of substantial, rapid losses.

Leveraged Single-Stock Exposure

CRWL aims to provide 200% of the daily performance of CrowdStrike Holdings Inc. (CRWD).

This leveraged structure significantly amplifies both potential gains and losses on a daily basis.

The fund uses derivatives and direct stock purchases to achieve its daily target return.

Extreme Holdings Concentration

The ETF's portfolio is 100% concentrated in CrowdStrike Holdings Inc. (CRWD).

Performance is entirely dependent on the intraday price movements of this single stock.

This lack of diversification means CRWL carries significant single-stock risk.

Active Management & Derivatives

CRWL is actively managed, employing strategies involving swaps and options to achieve its leveraged objective.

The fund rebalances daily to maintain its 2x leverage target, which can lead to tracking differences over longer periods.

This active, derivative-heavy approach introduces counterparty risk and complexity.

Structural Costs

While the expense ratio for CRWL is not provided in the data, leveraged and actively managed ETFs typically carry higher fees.

Investors should investigate the fund's expense ratio and other potential costs, such as trading spreads, as part of their due diligence.

These structural costs can erode returns, especially for strategies that involve frequent trading or short holding periods.

Positioning CRWL

CRWL is best suited for tactical, short-term bullish bets on CrowdStrike, not as a core portfolio holding. Investors should define their exit strategy before entering a position, as leveraged ETFs are designed for intraday or very short-term use. Monitoring CrowdStrike's price action and market sentiment is crucial, with a pre-determined stop-loss level recommended to manage amplified downside risk.

What Influences CRWL?

CRWL's performance is directly tied to the daily price movements of CrowdStrike Holdings Inc (CRWD), amplified by a 2x leverage factor. The fund's objective is to deliver double the daily return of CRWD, making its trajectory almost entirely dependent on the cybersecurity stock's intraday volatility and direction.

CrowdStrike Stock

As a 2x leveraged ETF focused on a single stock, CRWL's primary driver is the daily performance of CrowdStrike Holdings Inc (CRWD). The fund aims to provide twice the daily return of CRWD, meaning any upward or downward movement in the cybersecurity company's stock will be magnified in CRWL's performance.

This direct correlation means that news, earnings reports, analyst ratings, or any event impacting CrowdStrike's stock price will have a pronounced effect on CRWL. Investors are essentially betting on the short-term direction of CRWD, with the leverage amplifying potential gains or losses.

Leveraged Structure

CRWL employs a 2x daily leveraged strategy, meaning its objective is to achieve 200% of the daily return of its underlying asset, CrowdStrike. This is typically achieved through the use of financial derivatives like swaps and options, as well as potentially holding the underlying stock directly.

The leveraged nature significantly increases risk and is designed for short-term trading. Over longer periods, the compounding effects of daily rebalancing can cause the ETF's performance to deviate significantly from double the long-term return of the underlying stock, a phenomenon known as path dependency.

Concentration Risk

The fund is non-diversified and holds 100% of its assets in exposure to CrowdStrike Holdings Inc (CRWD). This extreme concentration means that the ETF's fortunes are entirely dependent on the performance of a single company.

Any adverse developments affecting CrowdStrike, such as competitive pressures, cybersecurity breaches impacting its reputation, or regulatory scrutiny, could lead to substantial losses for CRWL. Diversification benefits are absent, making it a high-risk investment tied to the specific fortunes of one entity.

Key insight: CRWL's performance is almost exclusively dictated by the daily price swings of CrowdStrike Holdings Inc, amplified by its 2x leverage. Investors should be aware that this structure is highly sensitive to short-term stock movements and carries significant concentration risk.

Key Metrics for CRWL

Risk Factors to Monitor

Frequently Asked Questions

News Sentiment Analysis

Sentiment gathered from recent headlines

69/100

Strong NegativeNeutralStrong Positive

MODERATELY BULLISH

Recent News Coverage (Top ETF Holdings)

ETF: CRWL

0+ articles

Last updated: April 8, 2026

Understanding GraniteShares 2x Long CRWD Daily ETF

Leveraged Single-Stock Exposure

CRWL aims to provide 200% of the daily performance of CrowdStrike Holdings Inc. (CRWD).

This leveraged structure significantly amplifies both potential gains and losses on a daily basis.

The fund uses derivatives and direct stock purchases to achieve its daily target return.

Extreme Holdings Concentration

The ETF's portfolio is 100% concentrated in CrowdStrike Holdings Inc. (CRWD).

Performance is entirely dependent on the intraday price movements of this single stock.

This lack of diversification means CRWL carries significant single-stock risk.

Active Management & Derivatives

CRWL is actively managed, employing strategies involving swaps and options to achieve its leveraged objective.

The fund rebalances daily to maintain its 2x leverage target, which can lead to tracking differences over longer periods.

This active, derivative-heavy approach introduces counterparty risk and complexity.

Structural Costs

While the expense ratio for CRWL is not provided in the data, leveraged and actively managed ETFs typically carry higher fees.

Investors should investigate the fund's expense ratio and other potential costs, such as trading spreads, as part of their due diligence.

These structural costs can erode returns, especially for strategies that involve frequent trading or short holding periods.

CRWL·GraniteShares 2x Long CRWD Daily ETF

What's happening to CRWL today?

News Sentiment Analysis

Recent News Coverage (Top ETF Holdings)

Discover More

Understanding GraniteShares 2x Long CRWD Daily ETF

Leveraged Single-Stock Exposure

Extreme Holdings Concentration

Active Management & Derivatives

Structural Costs

Positioning CRWL

What Influences CRWL?

CrowdStrike Stock

Leveraged Structure

Concentration Risk

Key Metrics for CRWL

Risk Factors to Monitor

Frequently Asked Questions

News Sentiment Analysis

Recent News Coverage (Top ETF Holdings)

Discover More

Understanding GraniteShares 2x Long CRWD Daily ETF

Leveraged Single-Stock Exposure

Extreme Holdings Concentration

Active Management & Derivatives

Structural Costs

Positioning CRWL

What Influences CRWL?

CrowdStrike Stock

Leveraged Structure

Concentration Risk

Key Metrics for CRWL

Risk Factors to Monitor

Frequently Asked Questions