GraniteShares 2x Long COIN Daily ETF vs TeraWulf Inc — how do they compare? GraniteShares 2x Long COIN Daily ETF trades at $5.05 (market cap $510.01M), while TeraWulf Inc trades at $13.9 (market cap $6.81B). The key difference: TeraWulf Inc is far larger — about 13.4× GraniteShares 2x Long COIN Daily ETF's market cap, and TeraWulf Inc is trading nearer its 52-week high, GraniteShares 2x Long COIN Daily ETF nearer its low. Which is the better fit depends on your goals — on Pluang, investors hold GraniteShares 2x Long COIN Daily ETF for 15 Days and TeraWulf Inc for 17 Days on average.
| CONL | WULF | |
|---|---|---|
Market Cap | $510.01M | $6.81B |
Volume | 21,041,836 | 45,841,998 |
Sector | Leveraged / Inverse | Financials |
52-Week High | $48.58 | $28.98 |
52-Week Low | $3.93 | $10.99 |
Typical Hold Time | 15 Days | 17 Days |
Enterprise Value | — | $9.43B |
Signals from Pluang's Aura AI — not financial advice
CONL shares declined 7.76% to $5.23, reflecting significant bearish technical momentum with moving averages signaling strong selling pressure. The ETF faces headwinds from underlying asset volatility, with recent news highlighting substantial losses in the leveraged product structure. Technical indicators show oversold conditions with RSI at 24.76, suggesting potential for near-term bounce despite the dominant downtrend.
The outlook remains challenging given the leveraged ETF's inherent volatility and recent performance struggles. While oversold technicals may provide short-term relief, the product's structure exposes investors to amplified losses during market declines. Risk management is critical given the 2x leverage and concentrated exposure to cryptocurrency-related equities.
WULF trades at $14.40, down 3.81% on the day, with a bearish technical signal from moving averages and oscillators showing mixed signals. The company reported a net loss of -$661.42M in 2025, with revenue of $168.46M, and has missed earnings expectations in recent quarters. Analyst consensus remains strongly bullish with a $34.92 price target, supported by positive news on AI data center leasing trends.
The outlook for WULF hinges on its pivot to AI data center hosting, offering growth potential, but significant risks persist from deep losses, negative margins, and high debt. Investors should weigh analyst optimism against fundamental weaknesses and volatile cash flows.
Trailing returns across standard periods
What Pluang investors did over the last 30 days
Latest headlines on both assets
CONL is a leveraged ETF that seeks to provide two times (2x) the daily performance of Coinbase Global (COIN) stock. It is designed for investors seeking magnified short-term exposure to the price movements of Coinbase.
Read more on CONL →TeraWulf develops, owns, and operates fully integrated digital infrastructure powered by predominantly zero-carbon energy. It utilizes a hybrid business model that combines industrial-scale Bitcoin mining with high-performance computing (HPC) and AI hosting, leveraging sustainable power sources like nuclear and hydroelectric to deliver low-cost, energy-efficient data center solutions.
Read more on WULF →