Tradr Bets Big on Anthropic with Two New Leveraged ETFs

Tradr ETFs is launching two new leveraged exchange-traded funds tied to Anthropic's common stock, just days after the AI company filed its draft IPO registration. The Tradr 2X Long Anthropic Daily ETF (ticker: ANTT) and Tradr 2X Short Anthropic Daily ETF (ticker: ANTZ) are designed to deliver +200% or -200% of Anthropic's daily stock performance, respectively.

The funds will reset daily, meaning they aim to double (or inverse-double) the return of their underlying asset on any given trading day. This can lead to volatility decay over longer periods, causing the funds to drift significantly from the expected 2X multiple.

Tradr isn't new to this game, having managed a suite of 83 leveraged and inverse single-stock or ETF products in high-growth sectors. The company is positioning for Anthropic's public listing, which could be valued at around $965 billion.