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A U.S. asset management company applies to launch ETFs that are 2x leveraged on SpaceX and Anthropic.
Golden Finance reports that on March 27, according to regulatory documents, U.S. asset management firms REX Shares and Tuttle Capital Management plan to launch a 2x leveraged exchange-traded fund (ETF) linked to publicly traded common stock that SpaceX and Anthropic have not yet issued, attempting to catch the “bandwagon” of this year’s two most popular initial public offerings (IPOs) in the U.S. stock market as early as possible. It is reported that investors holding the two funds, T-Rex2x Long SpaceX Daily Target ETF and T-Rex2x Long Anthropic Daily Target ETF, will receive returns of 200% of the companies’ daily gains after they list. These two companies—SpaceX and Anthropic—are expected to be the two most anticipated IPO transactions in 2026. SpaceX could file for an IPO within days or weeks, while Anthropic’s IPO is expected to take place this year.