GRANITESHARES ETF TRUST
| GRANITESHARES FUND | TICKER SYMBOL | |
| GRANITESHARES YieldBOOST QQQ ETF | TQQY | |
| GRANITESHARES YieldBOOST SPY ETF | YSPY | |
| GRANITESHARES YieldBOOST Small Cap ETF | RYY | |
| GRANITESHARES YieldBOOST Biotech ETF | BIOY | |
| GRANITESHARES YieldBOOST Financials ETF | FINY | |
| GRANITESHARES YieldBOOST Gold Miners ETF | NUGY | |
| GRANITESHARES YieldBOOST Semiconductor ETF | SEMY | |
| GRANITESHARES YieldBOOST Technology ETF | TECY | |
| GRANITESHARES YieldBOOST China ETF | CNYY | |
| GRANITESHARES YieldBOOST 20Y+ Treasuries ETF | FIYY | |
| GRANITESHARES YieldBOOST Bitcoin ETF | XBTY | |
| GRANITESHARES YieldBOOST AAPL ETF | APYY | |
| GRANITESHARES YieldBOOST AMD ETF | AMYY | |
| GRANITESHARES YieldBOOST AMZN ETF | AZYY | |
| GRANITESHARES YieldBOOST BABA ETF | BBYY | |
| GRANITESHARES YieldBOOST COIN ETF | COYY | |
| GRANITESHARES YieldBOOST META ETF | FBYY | |
| GRANITESHARES YieldBOOST MSFT ETF | MSYY | |
| GRANITESHARES YieldBOOST NVDA ETF | NVYY | |
| GRANITESHARES YieldBOOST TSLA ETF | TSYY |
SUPPLEMENT DATED MAY 14, 2025
TO THE SUMMARY PRSPECTUSES, PROSPECTUS, AND SATEMENT OF ADDITIONAL INFORMATION (“SAI”)
dated MARCH 17, 2025
Effective June 01, 2025, each Fund will seek to make weekly distributions.
The section “Distribution Risk” is restated in the following manner:
Distribution Risk. As part of the Fund’s investment objective, the Fund seeks to provide current weekly income. There is no assurance that the Fund will make a distribution in any given week. If the Fund makes distributions, the amounts of such distributions will likely vary greatly from one distribution to the next. Additionally, the weekly distributions, if any, may consist of returns of capital, which would decrease the Fund’s NAV and trading price over time. As a result, an investor may suffer significant losses to their investment.
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Investors Should Retain This Supplement for Future Reference