TRADING VOLUMES SURGE AS GRANITESHARES SURPASSES $4B AUM

• Leveraged ETFs linked to AI and Crypto drive increased trading and AUM
• Growing interest in hedging portfolios sees investors going long and short on Nvidia

Rising demand for the firm’s leveraged ETFs highlights investor appetite for amplified market exposure

NEW YORK, March 22, 2024 (GLOBE NEWSWIRE) -- GraniteShares, an entrepreneurial ETF provider, today announces it has surpassed $4 billion in assets under management (AUM).This milestone is achieved as the GraniteShares suite of ETFs experience rapid growth.

"Our core mission has always been to provide investors with innovative and accessible investment solutions,” said Will Rhind, Founder and CEO of GraniteShares. "Investors want to maximize exposure to AI, Tech and Crypto, and at times hedge those positions. Our 2X Short and Leveraged Single Stock offerings allow that with the efficiency of an ETF structure.”

In response to increasing investor demand for single-stock ETFs, GraniteShares launched 3 new leveraged single stock ETFs on AMD, Amazon and Microsoft. The new ETFs began trading on Monday March 18^th.

GraniteShares is adding AMD and Microsoft in response to the huge interest shown in AI through its GraniteShares 2x Long NVDA Daily ETF (NVDL).

For more information, please visit www.graniteshares.com.

Media contact:

Gregory FCA for GraniteShares
Te’a Gray, 203-815-4514
graniteshares@gregoryfca.com

About GraniteShares:

GraniteShares is an award-winning global investment firm dedicated to creating and managing ETFs. Headquartered in New York City, GraniteShares provides products on U.S., U.K, German, French & Italian stock exchanges. The firm is a market leader in leveraged single-stock ETFs and provides innovative, cutting-edge investment solutions for the high-conviction investor. Graniteshares believes the future of investing lies at the nexus of alternative thinking, low fees, and disruptive product structures—the core of its high-conviction investment philosophy. The firm launched its first product in 2017 and is a fast-growing ETF issuer with approximately $4* Billion in assets under management spanning a full array of investment strategies.

Important Information

Investors should consider the investment objectives, risks, charges and expenses carefully before investing. For a prospectus or summary prospectus with this and other information about the Funds, please call (844) 476 8747 or visit www.graniteshares.com. Read the prospectus or summary prospectus carefully before investing.

The investment program of the funds is speculative, entails substantial risks and include asset classes and investment techniques not employed by more traditional mutual funds.

PRINCIPAL FUND RISKS (see the Prospectus for more information)

The Fund is not suitable for all investors. The investment program of the funds is speculative, entails substantial risks and includes asset classes and investment techniques not employed by most other ETFs and mutual funds. Investments in the ETFs are not bank deposits and are not insured or guaranteed by the Federal Deposit Insurance Corporation or any other government agency. The Fund is designed to be utilized only by knowledgeable investors who understand the potential consequences of seeking daily leveraged (2X) investment results, understand the risks associated with the use of leveraged exposure and are willing to monitor their portfolios frequently. For periods longer than a single day, the Fund will lose money if the Underlying Stock’s performance is flat, and it is possible that the Fund will lose money even if the Underlying Stock’s performance leveraged over a period longer than a single day. An investor could lose the full principal value of his/her investment within a single day.

The Fund seeks daily leveraged investment results and are intended to be used as short-term trading vehicles. This Fund attempts to provide daily investment results that correspond to the respective leveraged of the performance of its underlying stock (a leveraged Fund).

Investors should note that the fund pursues daily leveraged investment objectives, which means that the fund is riskier than alternatives that do not use leverage because the fund magnifies the performance of their underlying security. The volatility of the underlying security may affect a Fund’s return as much as, or more than, the return of the underlying security.

Because of daily rebalancing and the compounding of each day’s return over time, the return of the Fund for periods longer than a single day will be the result of each day’s returns compounded over the period, which will very likely differ from 200% of the return of the Underlying Stock over the same period. The Fund will lose money if the Underlying Stock’s performance is flat over time, and as a result of daily rebalancing, the Underlying Stock volatility and the effects of compounding, it is even possible that the Fund will lose money over time while the Underlying Stock's performance increases over a period longer than a single day.

An investment in the Fund involves risk, including the possible loss of principal. The Fund is non-diversified and includes risks associated with the Fund concentrating its investments in a particular industry, sector, or geographic region which can result in increased volatility. The use of derivatives such as futures contracts and swaps are subject to market risks that may cause their price to fluctuate over time. Risks of the Fund include effects of Compounding and Market Volatility Risk, Inverse Risk, Market Risk, Counterparty Risk, Rebalancing Risk, Intra-Day Investment Risk, Daily Index Correlation Risk, Other Investment Companies (including ETFs) Risk, and risks specific to the securities of the Underlying Stock and the sector in which it operates. These and other risks can be found in the prospectus.

This information is not an offer to sell or a solicitation of an offer to buy shares of any Funds to any person in any jurisdiction in which an offer, solicitation, purchase or sale would be unlawful under the securities laws of such jurisdiction.

THE FUNDS AREDISTRIBUTED BY ALPS DISTRIBIUTORS, INC. GRANITESHRES IS NOT AFFILIATED WITH ALPS DISTRIBUTORS, INC