Themes ETF Trust (Themes ETFs) has introduced a Cboe-listed exchange-traded fund (ETF) targeting 200% of the daily performance of Cerebras Systems shares, reflecting demand for single-stock leveraged strategies.

Themes ETFs has introduced Leverage Shares 2X Long CBRS Daily ETF, a 2x leveraged single-stock exchange traded fund linked to Cerebras Systems, which develops semiconductors, supercomputers and software powering artificial intelligence (AI) applications.  Themes ETFs said that the fund carries a management fee of 0.75% The product, listed on Cboe with the ticker CBRG and trading from 15 May, seeks to deliver twice the daily performance of Cerebras Systems’ stock,  before