A U.S. asset management company applies to launch ETFs that are 2x leveraged on SpaceX and Anthropic.

According to regulatory documents, asset management companies REX Shares and Tuttle Capital Management plan to launch a 2x leveraged exchange-traded fund (ETF) linked to publicly traded common stocks of SpaceX and Anthropic that have yet to be issued, attempting to ride the coattails of the two most anticipated IPOs in the US stock market this year.

SpaceX is likely to file for its IPO in a few days or weeks, while Anthropic’s IPO is also expected to take place in 2026. However, insiders in the ETF industry indicate that these ETF applications suggest that aggressive asset management companies catering to retail investors are trying to get ahead with products linked to stocks that are not yet publicly traded.

“They’re entering the market too early, as if they’re joining before the rules of the game have even been established, trying to stake a claim in an undeveloped field,” said Alex Morris, founder of asset management company and ETF issuer F/m Investments LLC. “In the ETF ecosystem, racing to outpace competitors as quickly as possible has become the norm.”

The T-Rex 2x Long SpaceX Daily Target ETF and T-Rex 2x Long Anthropic Daily Target ETF aim to provide holders with a return of 200% of their daily gains once these two companies go public.

Although the timing, scale, and many other details of SpaceX’s IPO have not yet been publicly disclosed, the company is preparing for an IPO that could be one of the largest in Wall Street history. Reports indicate that Musk plans to reserve up to 30% of the new shares for retail investors.

Massive information and precise interpretations are available on the Sina Finance App.

责任编辑：于健 SF069