The company plans to launch two exchange-traded funds (ETFs) offering 2x daily leveraged exposure to Anthropic shares, with trading expected to begin on the first trading day after the artificial intelligence (AI) company’s planned stock market debut.
Direxion is all set to launch the Direxion Daily Anthropic Bull 2X exchange traded fund (ETF) (ANTO) and Direxion Daily Anthropic Bear 2X ETF (ANTD), following Anthropic’s public filing of a Form S-1 registration statement with the US Securities and Exchange Commission (SEC). Direxion expects both ETFs to begin trading on the first trading day after Anthropic shares start trading ANTO will seek to deliver 200% of Anthropic Class A shares’ daily performance before fees and expense