Tradr Launches 2X Leveraged ETFs on AI and Energy Stocks
Tradr ETFs, a recognized name in niche leveraged investment vehicles, is leveraging their experience into the launch of five new 2X daily single stock ETFs, that aim to track some of the most active and interesting companies in technology and energy, and to provide professional-investors and sophisticated traders added power to exploit daily stock moves.
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All five funds are first to market and aim to achieve double daily returns on the underlying stocks. The funds listed on Cboe are:
- Tradr 2X Long CRWV Daily ETF (CWVX), tracking AI cloud infrastructure company CoreWeave
- Tradr 2X Long ASTS Daily ETF (ASTX), tracking satellite communications company AST SpaceMobile
- Tradr 2X Long CEG Daily ETF (CEGX), tracking Constellation Energy
- Tradr 2X Long GEV Daily ETF (GEVX), tracking GE Vernova
- Tradr 2X Long SMR Daily ETF (SMU), tracking NuScale Power
“This is an evolution of what we already started,” stated Matt Markiewicz, Head of Product and Capital Markets at Tradr. “The response from the marketplaces for our earlier single-stock ETFs has been incredibly encouraging; $140 million in assets in approximately six months.
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With this launch, we expect similar enthusiasm, especially for a variety of stocks with AI computing and next-gen infrastructure exposure.”
He was especially focused on CoreWeave, who has emerged rapidly as the 21st most traded U.S. stock since the IPO. “There’s been massive interest in getting leveraged exposure to a name like CoreWeave, and as AST SpaceMobile builds a global satellite moat, we see a lot of growth there, too.”
All five ETFs follow Tradr’s previously launched products in June, which included leveraged products on Archer Aviation, Upstart Holdings, Quantum Computing Inc., and Rigetti. Tradr was also the first firm to previously launch leveraged single stock ETFs in 2022 with their Tesla and Nvidia funds.
What differentiates these products is they allow traders to have access to leverage without managing a margin account or options complexity, and make them easier and more accessible tools for knowledgeable investors to get precise exposure to the market.
Tradr is very clear that these are not meant to be long-term investments. Markiewicz expressed, “These ETFs are designed for short-term traders who know how to use leverage and are actively managing and monitoring their positions. The leverage will magnify both gains and losses, so it’s not as simple as just buying it and holding it,” The launch also brings Tradr a total of 19 ETFs, with more possibly in the pipeline. Each fund is created to quickly enable the trader to respond to trends in the market. Especially in sectors like AI, energy, and aerospace, where volatility can lead to significant implications for gains as well as losses. As Markiewicz wrapped it up: “We are building tools to cater to the user, the 21st century trader- those who want to act quickly and trade intelligently.”
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