Nvidia Stock Hits New Highs Amid Market Buzz and Elon Musk Boost
Nvidia's stock surge is driving a significant rally in leveraged ETFs, with GraniteShares' 2x Long NVDA Daily ETF up 450% over the past year. Retail traders are heavily investing in these high-risk funds, which have seen $11 billion in inflows this year. Nvidia's popularity is likened to Tesla's past dominance, as new ETF strategies emerge to capitalize on market trends.