SKUUB: GraniteShares 2x Long SK Hynix ETF Token

SKUUB is the ticker for GraniteShares 2x Long SK Hynix Daily ETF (bStocks Tokenized ETF). It is a blockchain token associated with a fund designed to provide twice the daily exposure to SK Hynix, a semiconductor company. The bStocks name identifies the tokenized format; it does not, by itself, explain the exact legal rights a holder receives. Do not assume that holding SKUUB is the same as directly owning SK Hynix shares or a conventional ETF share. Public sources do not specify how token holders can redeem, what claims they have on the underlying fund, or which service is responsible for those arrangements. Check the current issuer and product documents before relying on the token for any particular ownership or redemption rights.

The “2x Long” and “Daily” terms signal leveraged exposure intended to multiply SK Hynix’s return over a single trading day. That is not the same as receiving twice the company’s return over a longer period. Daily leverage resets can cause results over multiple days to differ substantially from two times the share’s cumulative move, especially when prices fluctuate. Leverage can amplify losses as well as gains, and the token’s market price may also be affected by trading conditions and how closely it follows the referenced product. Public sources do not explain the fund’s precise fees, tracking method, trading hours, or token redemption process. Read the current product documents and understand these mechanics before considering exposure.

As of 2026-11-05, the reported SKUUB price was about $13.94, with a market capitalization of about $366,000 and 24-hour trading volume of about $408,000. The reported circulating and total supply were both about 26,273 tokens; no maximum supply was listed. These are time-sensitive market figures, not fixed characteristics. The reported all-time high was $19.34 on 2026-11-02, while the all-time low was $13.94 on 2026-11-05. A short trading history or limited token supply does not establish how easily a holder can trade or redeem the asset. Market price and volume can change quickly, and a token’s market price may not match the value of its referenced exposure.

SKUUB is listed as issued on BNB Chain, and no native chain is specified. To store or transfer it, use a wallet that supports BNB Chain and verify the token details through a trusted source before sending funds. Sending the token to an incompatible network or address can result in loss. Key risks include the daily leverage reset, sharp moves in SK Hynix’s share price, tracking differences, token-market liquidity, and uncertainty about the holder rights and redemption arrangements unless these are confirmed in current official documents. Smart-contract, custody, and platform risks may also apply to tokenized assets. SKUUB is not a stablecoin, and its price can fall substantially. This is general information, not a recommendation to buy or sell.