Themes's subsidiary, Leverage Shares, plans to launch a 2x long and short ETF before Anthropic IPO: ANUU, ANDD, and ANSS.
As Anthropic prepares for its much-anticipated public listing, Themes's Leverage Shares is ready to launch ANUU, ANDD, and ANSS: three leveraged and inverse Anthropic ETF products that are linked to the company's stock (expected code: ANT).
Greenwich, Connecticut, November 2, 2026 / PRNewswire / — As the IPO of Anthropic approaches, investors are weighing the bullish and bearish arguments for one of the most well-known companies in the field of generative AI.
While preparing to launch three leveraged and inverse products linked to the Anthropic stock, Leverage Shares, by, and Themes discussed these two viewpoints. These three products are: Leverage Shares 2x, Long Anthropic Daily ETF (ANUU), Leverage Shares 2x, Short Anthropic Daily ETF (ANDD), and Leverage Shares 1x, Short Anthropic Daily ETF (ANSS).
Anthropic Daily long and short trading ETF operation method
Single stock leverage and reversal ETF aim to achieve a specific multiple or reverse multiple of the daily performance of a particular stock.
For example, a 2x long position ETF (such as ANUU) aims to achieve 200% of the reference stock's daily performance before deducting fees and expenses. A -2x position ETF (such as ANDD) usually aims to achieve -200% of that stock's daily performance, while a -1x position ETF (such as ANSS) aims to achieve -100%.
Such products can provide investors with leveraged long or short positions for a single day through the trading structure of exchanges, without the need for investors to directly establish leverage or take short positions in the underlying stocks.
The aspect of "daily" is very important. Since leverage and hedging ETF are rebalanced on each trading day, the returns held over a single day may differ significantly from the predetermined multiple or reverse multiple corresponding to the cumulative returns of the underlying stock.
Regarding the bullish and bearish logic of Anthropic
The anticipated listing is set to bring a major generative AI model developer onto the public market. Investors evaluating the company may come to different conclusions regarding factors such as growth, valuation, competition, capital requirements, and the broader development of the generative AI market. As the Anthropic IPO approaches, leverage and counter ETF also become another important aspect of the discussion.
For a more in-depth analysis by the Leverage Shares research team, please refer to " Anthropic : Exploring the Bull Case Ahead of the IPO" as well as " The Anthropic Bear Case : Could the Stock Fall After the IPO ?".
Leverage Shares by Themes indicates that more details regarding ANUU, ANDD, and ANSS will be announced soon.
About Themes ETFs
Themes ETFs is a provider of thematic ETF and single-stock leverage ETF, focusing on offering innovative and cost-effective investment tools that enable investors to access companies and trends that will shape the future. Through its Leverage Shares platform, Themes ETFs provides daily leverage and reverse ETF strategies, targeting mature investors and active traders.
For more information, please visit www.themesetfs.com and www.leverageshares.com.
Investment involves significant risks.Funds do not directly invest in the underlying stocks. Like any investment, investors may lose all or part of their investment in the fund.
Investors should carefully consider the investment objectives, risks, fees, and charges of a fund before making an investment. The fund prospectus and summary prospectus for Themes ETFs contain this and other information. To obtain the fund prospectus and summary prospectus, please call 866-584-3637. It is important to read the fund prospectus and summary prospectus carefully before investing.
Newly launched funds carry risks associated with their limited operating history.
Due to daily rebalancing and the compounding of daily returns over time, the return of a fund over a period longer than one day will be the result of compounding these daily returns. This may significantly differ from the predetermined multiple or inverse multiple of the returns of the underlying stocks during the same period. Such funds are not suitable for all investors. They are only appropriate for those who understand the potential consequences of pursuing daily leverage or inverse investment strategies, are aware of the risks associated with using leverage and inverse positions, and are willing to monitor their portfolios frequently. These funds are not suitable for investors who have no intention of actively monitoring and managing their portfolios.
According to the 'Investment Advisory Agreement' signed between the advisor and the trust representative of the fund, the advisor agrees to bear all the expenses of the fund, except for the fees paid to the advisor under the 'Investment Advisory Agreement', any interest expenses on loans, taxes, brokerage commissions, and other expenses incurred in buying and selling securities and other investment instruments, the expenses and costs of the invested funds, provisions for deferred tax liabilities, non-recurring expenses, as well as distribution (12b-1) fees and expenses.
Past performance does not guarantee future results.
Investment Risks:Investing in these funds carries a high level of risk. Like any investment, investors may lose all or part of their investment in the funds.
Investment leverage and inverse products may face higher volatility. The fund does not directly invest in the underlying stocks. Investment funds carry risks, including the potential loss of principal. The fund is a non-diversified fund and contains risks associated with investments concentrated in specific industries, sectors, or geographical regions, which may lead to increased volatility. The use of derivatives such as futures contracts and swaps exposes investors to market risks, which can result in price fluctuations over time.
Fund risks include compound interest and market volatility risk, counterparty risk, market risk, transaction risk, rebalancing risk, intraday investment risk, daily index correlation risk, risks associated with other investment companies (including ETF), as well as specific risks of the underlying stocks and securities and their respective industries. The aforementioned and other risks can be found in the fund prospectus.
Due to daily rebalancing, volatility, and the compounding effect, over a period longer than one day, the performance of a fund may differ significantly from its established daily investment objectives. If the trend of the underlying stocks moves in a direction that is significantly contrary to the fund's investment objectives, investors could lose the entire principal value of their leveraged fund investment within a single trading day.
Over a period of more than one day, even if the stock price of Anthropic remains unchanged or moves in a direction consistent with the fund's investment objectives, the fund may still incur losses. If the stock price of Anthropic falls by more than 50% within a single trading day, the investor's principal investment value in 2x Long Anthropic Daily ETF (of ANUU) may be completely lost; similarly, if the stock price of Anthropic rises by more than 50% within a single trading day, the investor's principal investment value in 2x Short Anthropic Daily ETF (of ANDD) may also be completely lost. The same risk of significant or total loss exists for 1x Short Anthropic Daily ETF (of ANSS) when the stock price of Anthropic experiences a substantial increase.
ETF Shares are traded at market prices (rather than at net asset value, NAV) and cannot be redeemed separately from the fund. Brokerage commissions will reduce returns. Market price returns are based on the official closing price of ETF shares; if there is no official closing price, the average of the national best bid and ask prices ( NBBO ) for each share at NAV in the current period will be used as the basis. However, this does not represent the returns you may obtain when trading shares at other times. NAV Calculations are based on the price at 4:00 p.m. Eastern Time in the United States. The index is not actively managed and is not affected by fees, expenses, or sales charges. Investors cannot directly invest in the index.
This information does not constitute an offer to sell any fund shares to any person within any jurisdiction, nor does it constitute an invitation to purchase; if such an offer, invitation, purchase, or sale is illegal under the securities laws of that jurisdiction, then it shall not apply.
Themes Management Company LLC serves as the investment advisor for Themes ETFs Trust. The fund is distributed by ALPS Distributors and Inc (1290 Broadway, Suite 1000, Denver, Colorado 80203). ALPS has no association with Anthropic or any other entities mentioned in this text. ALPS does not provide customer brokerage services. For more information on the services mentioned in this text, please refer to third-party websites.
Themes ETFs is not sponsored, endorsed, issued, sold, or promoted by Anthropic. Anthropic has also not made any statements regarding the suitability of investing in Themes ETFs. ALPS Distributors, Inc, Themes Management Company LLC, and Themes ETFs have no association with Anthropic.
Themes Management Company LLC and Leverage Shares are related parties under common control. Themes Management Company LLC and Leverage Shares have signed a licensing agreement, and Leverage Shares has authorized Themes Management Company LLC to use the LEVERAGE SHARES trademark in the field of financial services in the United States.
