An ETF provider, GraniteShares, is enabling investors to capitalize on Wall Street’s most lucrative momentum trades. The company, which initiated its series of single-stock ETFs in 2022, now oversees 20 such funds. This includes the recently launched GraniteShares YieldBoost TSLA ETF (TSYY), providing investors a chance to profit from Tesla’s performance.

GraniteShares’ CEO, William Rhind, in a discussion on CNBC’s “ETF Edge,” stressed that this development is about empowering individuals to take control of their finances. He noted that investors are seeking ways to actively manage their portfolios with the aim to potentially outperform the market. This is where aspects like leverage and single stocks really come into play.

Rhind dubbed the rising demand as a “global trend”, indicating that it’s not an opportunity exclusive to US investors. Investors worldwide are turning their attention to the U.S. ETF market due to its liquidity. They are keen on popular names they recognize, like Tesla and Nvidia, which are only available in the U.S., making it a magnet for global investors.

However, GraniteShares acknowledges that this strategy may not be suitable for all. The company has a clear disclaimer on its website, warning potential investors of the significant risks associated with these ETFs.

As of last Friday’s market close, Tesla stocks are down nearly $100, which is approximately 19% from their all-time high recorded on December 18.