Leverage Shares Plans 2X Long and Short Stratolaunch ETFs

Leverage Shares is preparing two daily leveraged ETFs tied to Stratolaunch, with the 2X Long fund targeting 200% of the stock’s daily performance and the 2X Short targeting -200%. Each expects to invest at least 80% of net assets, plus investment borrowings, in Stratolaunch shares and instruments providing the targeted exposure. Stratolaunch develops hypersonic flight-testing systems, including its reusable Talon-A vehicle and Roc and Spirit of Mojave airborne launch platforms, serving U.S. government and commercial aerospace customers.