Tradr Introduces Leveraged ETFs on Ciena, Quantinuum, Rambus, Tower Semiconductor and TTM Technologies

Executive Summary

• Tradr ETFs launched five new 2X long leveraged ETFs on the Cboe exchange, targeting specific technology stocks: Ciena, Quantinuum, Rambus, Tower Semiconductor, and TTM Technologies.
• The funds are designed for sophisticated investors and professional traders, seeking to deliver two times the daily performance of the underlying securities.
• This launch adds to Tradr's existing lineup of 72 leveraged ETFs, which currently manage approximately $10 billion in assets.

Key Details

• New ETFs Launched:
  • Tradr 2X Long CIEN Daily ETF (Cboe: CIEX) - Tracks Ciena Corporation (NYSE: CIEN)
  • Tradr 2X Long QNT Daily ETF (Cboe: QNTU) - Tracks Quantinuum Inc. (Nasdaq: QNT)
  • Tradr 2X Long RMBS Daily ETF (Cboe: RMBX) - Tracks Rambus Inc. (Nasdaq: RMBS)
  • Tradr 2X Long TSEM Daily ETF (Cboe: TSEU) - Tracks Tower Semiconductor Ltd. (Nasdaq: TSEM)
  • Tradr 2X Long TTMI Daily ETF (Cboe: TTMX) - Tracks TTM Technologies, Inc. (Nasdaq: TTMI)
• Product Structure: The funds are Cboe-listed and seek to deliver 200% (2X) long daily performance of the specific underlying stock.
• Company Context: Tradr ETFs manages approximately $10 billion in assets across 72 leveraged ETF strategies.
• Target Audience: The products are marketed toward sophisticated investors and professional traders, aiming to provide precision in expressing market views without the complexity of options trading or margin usage.
• Specific Market Commentary: The launch of the Quantinuum ETF is highlighted as a "first-to-market" exposure, coinciding with Quantinuum's recent market debut. The Ciena ETF is noted in the context of an "AI-stoked revival."

Notable Quotes

• "The recent market debut of Quantinuum brought renewed enthusiasm to the quantum computing space, one where we already have a strong presence with ETF strategies on Rigetti, D-Wave, QCi and Xanadu," said Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs. "We are excited to launch first-to-market exposures on not only QNT but TTMI as well, and with networking blue chip CIEN seeing a recent AI-stoked revival, there is a lot of solid momentum around today's launches."