ProShares plans to launch two Anthropic-linked exchange-traded funds following Anthropic’s IPO, offering leveraged bullish exposure and inverse bearish exposure.
ProShares Ultra Anthropic (NASDAQ: ANTU) will target twice Anthropic stock’s daily performance before fees and expenses. ProShares UltraShort Anthropic (NASDAQ: ANTY) will target negative twice its daily performance before fees and expenses. These are daily objectives: returns over longer holding periods may differ substantially from those targets.
Both funds will join ProShares’ existing single-stock ETF lineup. Their exposure to one stock eliminates diversification benefits, and investors could potentially lose their entire investment within a single day. ProShares and the funds are not affiliated with Anthropic.