According to Tradr ETFs, on June 26, the provider of leveraged and inverse ETFs announced the expected launch of five single-stock leveraged ETFs on Wednesday, July 1. The Cboe-listed funds seek to deliver two times (200%) the daily performance of the underlying stocks.
The new funds are: Tradr 2X Long CIEN Daily ETF (CIEX) tracking Ciena Corporation, Tradr 2X Long QNT Daily ETF (QNTU) tracking Quantinuum Inc., Tradr 2X Long RMBS Daily ETF (RMBX) tracking Rambus Inc., Tradr 2X Long TSEM Daily ETF (TSEU) tracking Tower Semiconductor Ltd., and Tradr 2X Long TTMI Daily ETF (TTMX) tracking TTM Technologies, Inc.