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Get in early! A U.S. asset management firm has applied to launch ETFs that double long SpaceX and Anthropic.
According to regulatory documents, the U.S. asset management firms REX Shares and Tuttle Capital Management plan to launch a pair of 2x leveraged exchange-traded funds (ETFs) linked to publicly traded common stock that SpaceX and Anthropic have not yet issued. The move is an attempt to catch a ride early on this year’s two most popular initial public offerings (IPOs) in the U.S. stock market. It is understood that investors who later hold the two funds, the T-Rex 2x Long SpaceX Daily Target ETF and the T-Rex 2x Long Anthropic Daily Target ETF, will receive returns of 200% of the daily gains of these two companies after they go public. SpaceX and Anthropic are expected to become the two most anticipated IPO transactions of 2026. Specifically, SpaceX could file for an IPO within days or weeks; while Anthropic’s IPO is expected to take place this year. (China Finance Network)