The forthcoming funds will track Everspin Technologies, SiTime Corporation and United Microelectronics, offering investors twice the daily movement of the underlying shares.
Tradr ETFs is set to launch three single-stock leveraged ETFs on 11 August, expanding its lineup of products aimed at traders seeking amplified exposure to individual equities. The Cboe-listed funds are distributed by ALPS Distributors The Cboe-listed funds are distributed by ALPS Distributors and designed to deliver twice the daily return of the underlying shares. The offerings include the Tradr 2X Long MRAM Daily ETF (MRAX), tied to Everspin Technologies (Nasdaq: MRAM); the Tradr 2X Long