GraniteShares ETF Trust

06/12/2026 | Press release | Distributed by Public on 06/12/2026 14:45

Prospectus by Investment Company (Form 497)

GRANITESHARES ETF TRUST

FUND TICKER SYMBOL
GRANITESHARES 2x LONG DELL Daily ETF DLLL
GRANITESHARES 2x LONG INTC Daily ETF INTW
GRANITESHARES 2x LONG MU Daily ETF MULL
GRANITESHARES 2x LONG MRVL Daily ETF MVLL
GRANITESHARES 2x LONG NVDA Daily ETF NVDL
GraniteSHARES 2x LONG SMCI DAILY ETF SMCL
GraniteSHARES 2x LONG VRT DAILY ETF VRTL

SUPPLEMENT DATED JUNE 12, 2026

TO THE SUMMARY PROSPECTUSES, PROSPECTUS, AND STATEMENT OF ADDITIONAL INFORMATION ("SAI")

dated OCTOBER 24, 2025, AS PREVIOUSLY SUPPLEMENTED

This document amends the effective date (or ex-date) previously circulated in the supplement dated June 08, 2026.

A forward split will apply to shareholders of record as of market close on June 24, 2026, payable after market close on June 25, 2026. The forward split will be effective prior to market open on June 26, 2026, when each Fund will begin trading at its post-split price. The ticker symbol and CUSIP number for each Fund will not change.

Fund Name Ticker CUSIP Forward Split Ratio

Approximate

increase in total

number of outstanding shares

GRANITESHARES 2x LONG DELL Daily ETF DLLL 38747R 561 8 for 1 700 %
GRANITESHARES 2x LONG INTC Daily ETF INTW 38747R 553 8 for 1 700 %
GRANITESHARES 2x LONG MU Daily ETF MULL 38747T 678 25 for 1 2,400 %
GRANITESHARES 2x LONG MRVL Daily ETF MVLL 38747R 520 3 for 1 200 %
GRANITESHARES 2x LONG NVDA Daily ETF NVDL 38747R 827 3 for 1 200 %
GraniteSHARES 2x LONG SMCI DAILY ETF SMCL 38747R 575 3 for 1 200 %
GraniteSHARES 2x LONG VRT DAILY ETF VRTL 38747R 512 3 for 1 200 %

As a result of the share split, shareholders of each Fund will receive additional shares as indicated in the table above, and the number of each Fund's issued and outstanding shares will increase by the approximate percentage indicated above.

The tables below illustrate the effect of hypothetical splits on a shareholder's investment.

3-for-1 forward split

Period # of shares owned Hypothetical NAV Total Market Value
Pre-Split 10 US$ 300 US$ 3,000
Post-Split 30 US$ 100 US$ 3,000

8-for-1 forward split

Period # of shares owned Hypothetical NAV Total Market Value
Pre-Split 10 US$ 200 US$ 2,000
Post-Split 80 US$ 25 US$ 2,000

25-for-1 forward split

Period # of shares owned Hypothetical NAV Total Market Value
Pre-Split 3 US$ 1,000 US$ 3,000
Post-Split 75 US$ 40 US$ 3,000

The Trust's transfer agent will notify the Depository Trust Company ("DTC") of the forward split and instruct DTC to adjust each shareholder's investment(s) accordingly. DTC is the registered owner of the Funds' shares and maintains a record of each Fund's record owners.

The share splits will not result in a taxable transaction for holders of each Fund's shares. No transaction fees will be imposed on shareholders in connection with the share splits.

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Investors Should Retain This Supplement for Future Reference

GraniteShares ETF Trust published this content on June 12, 2026, and is solely responsible for the information contained herein. Distributed via Public Technologies (PUBT) on June 12, 2026 at 20:45 UTC. If you believe the information included in the content is inaccurate or outdated and requires editing or removal, please contact us at [email protected]