Leverage Shares Prepares 3x Anthropic ETP Ahead of Nasdaq IPO

Leverage Shares is reportedly set to launch a three-times leveraged Anthropic ETP on the London Stock Exchange on November 12, under the ticker ANT3. The Irish-domiciled product will initially hold 100% cash until Anthropic completes its anticipated Nasdaq IPO, after which it will acquire shares and use margin borrowing to deliver 3x the stock's daily performance, rebalanced daily. Unlike synthetic leveraged products, ANT3 will use direct equity holdings rather than swaps or derivatives. The planned listing follows the launch of the 21shares Synthetic Anthropic ETP (CLAU), which provides unleveraged pre-IPO exposure through perpetual futures. The development highlights growing demand for investment products tied to private AI companies, as reports place Anthropic's potential valuation between $1 trillion and $1.5 trillion.