GraniteShares joins Tradr with proposed 2X long and inverse Anthropic ETFs

  • GraniteShares announced proposed 2X long and inverse ETFs tied to Anthropic.
  • AIL targets 200% and ANS targets -200% of Anthropic’s daily performance.
  • Anthropic has not begun public trading, leaving the proposed funds contingent on its listing.

GraniteShares has announced the filing of two proposed daily leveraged ETFs tied to Anthropic, adding to products being developed ahead of the artificial-intelligence company’s potential public offering. The GraniteShares 2x Long Anthropic Daily ETF, ticker AIL, would seek 200% of Anthropic’s daily performance, while the GraniteShares 2x Short Anthropic Daily ETF, ticker ANS, would seek -200%, before fees and expenses. The funds would use derivatives and other financial instruments and are contingent on Anthropic becoming publicly traded and meeting applicable requirements. Tradr ETFs has separately filed for similar products, ANTT and ANTZ, which were expected to list on Cboe after Anthropic’s IPO and the effectiveness of their registration statement. Anthropic has submitted a draft IPO registration on June 1 but has not begun public trading; its timing and terms remain uncertain. The company, known for the Claude family of AI models, was valued at approximately $965 billion in its most recent funding round. The proposed funds would reset daily, meaning compounding and market volatility can cause returns over longer periods to diverge substantially from a simple two-times multiple. Investors could lose their entire principal, and the products are intended for knowledgeable investors using them as short-term trading vehicles.

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