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Leverage Shares Files Single-Stock Inverse ETFs for Discord and Lambda

Leverage Shares has filed to launch two single-stock inverse ETFs: the Leverage Shares 1X Short Discord Daily ETF and the Leverage Shares 1X Short Lambda Daily ETF. Each fund seeks to deliver the inverse (-1x) of its underlying stock's daily performance and is expected to begin trading after the respective company's IPO. The filings note that derivatives may not be immediately available following the IPOs, which could increase tracking error and limit the funds' ability to achieve their daily inverse objectives. As with all daily inverse ETFs, returns over periods longer than one day may differ significantly from the inverse of the stocks' cumulative performance due to compounding.

At a glance
Beat
Filings
Issuer
Leverage Shares
Region
United States
Filed
9 July 2026

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