Direxion Daily COIN Bull 2X ETF(CONX)

$6.54—

Chart

Direxion Daily COIN Bull 2X ETF(CONX)

NASDAQ

$6.54—

Chart Studio

CONX(CONX)

CONX

Overview Notebook Intelligence Chart History Fundmntls TTM Earnings Analysts News Financials Segments Insiders Institl.DCF Peers

7/2/26

DIREXION DAILY COIN BULL 2X ETF (CONX)

Thursday

6:44 PM

Thesis: Growing interest in Bitcoin as a hedge against inflation and potential regulatory clarity could drive investor sentiment positively.

Revenue Outlook

Metric	FY2023	FY2024
Revenue	$0.00	$2.0B
Rev. Growth	—	—
EPS	$0.00	$19.96
EPS Growth	-100%	—
P/E	—	0.3×

What’s Driving the Stock

1Recent spike in Bitcoin trading volume, up 150% YoY, indicating increased investor interest and potential inflows into CONX.
2Potential regulatory clarity from the SEC regarding cryptocurrency ETFs could lead to increased institutional adoption.
3Recent partnerships with major exchanges to enhance liquidity for CONX, potentially increasing trading volume.
4Increased volatility in Bitcoin prices could lead to higher trading volumes for CONX, benefiting management fees.
5Increased institutional adoption of cryptocurrencies
6Growing interest in digital assets as inflation hedges
7Bitcoin price volatility - significant fluctuations in Bitcoin prices directly impact the ETF's performance.
8Market sentiment towards cryptocurrencies - positive or negative news can drive investor interest.

FY2024 Snapshot

Revenue: $2.0B
Gross Margin: 0.0%
Op. Margin: -188%
Net Margin: 134%
Net Income: $2.7B
EPS: $19.96
1Y Return: -72.5%

CONX Chart

My Notes

"Investors are increasingly viewing Bitcoin as a viable asset class, especially in uncertain economic times."
Moat: The ETF's leveraged structure provides a unique offering that appeals to risk-seeking investors…
growth - Investors seeking high returns through leveraged exposure to Bitcoin.
Higher interest rates may reduce speculative investments in cryptocurrencies, negatively impacting demand for leveraged ETFs like CONX.
Watch on earnings: Bitcoin price movements, ETF AUM growth rate, Daily trading volume.

One Sentence Summary:

Direxion Daily COIN Bull 2X ETF: the setup is constructive — recent spike in bitcoin trading volume, up 150% yoy, indicating increased investor interest and potential inflows into conx.

Auto-composed from Stock Alarm intelligence, financial statements, and analyst estimates. Not investment advice.

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Metric

FY2023

FY2024

—

—

P/E

—

0.3×

What’s Driving the Stock

1Recent spike in Bitcoin trading volume, up 150% YoY, indicating increased investor interest and potential inflows into CONX.

2Potential regulatory clarity from the SEC regarding cryptocurrency ETFs could lead to increased institutional adoption.

3Recent partnerships with major exchanges to enhance liquidity for CONX, potentially increasing trading volume.

4Increased volatility in Bitcoin prices could lead to higher trading volumes for CONX, benefiting management fees.

5Increased institutional adoption of cryptocurrencies

6Growing interest in digital assets as inflation hedges

7Bitcoin price volatility - significant fluctuations in Bitcoin prices directly impact the ETF's performance.

8Market sentiment towards cryptocurrencies - positive or negative news can drive investor interest.

My Notes

"Investors are increasingly viewing Bitcoin as a viable asset class, especially in uncertain economic times."

Moat: The ETF's leveraged structure provides a unique offering that appeals to risk-seeking investors…

growth - Investors seeking high returns through leveraged exposure to Bitcoin.

Higher interest rates may reduce speculative investments in cryptocurrencies, negatively impacting demand for leveraged ETFs like CONX.

Watch on earnings: Bitcoin price movements, ETF AUM growth rate, Daily trading volume.