Leverage Shares Preps Three Anthropic ETFs Before ANT IPO
Leverage Shares by Themes plans to launch two leveraged and one inverse ETF tied to Anthropic stock ahead of the AI firm's anticipated public listing.
Leverage Shares by Themes is moving to capitalize on one of the most anticipated initial public offerings in artificial intelligence, announcing plans to launch three exchange-traded funds linked to Anthropic ahead of the company's expected stock market debut under the ticker ANT.
The three planned products — ticker symbols ANUU, ANDD, and ANSS — would offer traders leveraged and inverse exposure to Anthropic's share price once the AI company goes public. Such pre-IPO ETF structures allow issuers to have instruments ready to trade nearly simultaneously with or shortly after a new listing, catering to investors who want amplified directional bets on a freshly listed stock.
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Greenwich, Conn.-based Leverage Shares by Themes has positioned itself as an early mover in the leveraged single-stock ETF space, a product category that has grown in popularity since U.S. regulators opened the door to such instruments. Offering both bullish and bearish products on the same underlying name reflects standard practice in the segment, giving both long and short traders a ready vehicle.
Anthropic, the San Francisco-based AI safety company backed by major investors including Google and Amazon, has been widely watched for a potential public offering as investor appetite for AI-sector equities remains elevated. An IPO would give the company a public market valuation and open its shares to retail and institutional investors alike.
No launch date or fee structure for the three ETFs was disclosed in the announcement. Continue reading at All Financial Services & Investing.