Not a bear. Not a bull. A corgi. Short legs, big ears, famously incapable of intimidating anyone, but they seem to launch ETFs at a phenomenal rate.
The Corgi litter arrives, and it is feral
The corgi-branded 2x daily suite keeps growing, and this batch alone drops fifteen new single-stock funds onto the market in one sitting, all landing on NYSE Arca. Each one takes a single company, applies two-times daily leverage, and calls it a day. The dog on the tin suggests companionship and gentle walks. The prospectus suggests otherwise.
Here is the full litter, fund ticker first, underlying company second, so nobody has to guess what they're actually buying:
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ALA: Astera Labs (ALAB), maker of connectivity chips for AI data centers
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BABC: Alibaba (BABA), the Chinese e-commerce and cloud group
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BNMC: BitMine Immersion Technologies (BMNR), an ether treasury company chaired by Tom Lee, currently trading more than 80% below its peak
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GEVC: GE Vernova (GEV), the power generation and grid equipment business spun out of General Electric
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HOOC: Robinhood Markets (HOOD), the retail trading platform
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NT: Intel (INTC), the chipmaker
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JOBC: Joby Aviation (JOBY), an electric air taxi developer with no commercial passenger revenue yet
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LITC: Lumentum Holdings (LITE), optical and photonic components used in AI data center networking
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QUA: D-Wave Quantum (QBTS), a quantum computing company whose shares have swung between the low teens and the high forties over the past year
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SMRX: NuScale Power (SMR), a small modular nuclear reactor developer still burning hundreds of millions a quarter ahead of meaningful revenue
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SOFC: SoFi Technologies (SOFI), the digital consumer finance and trading platform
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TEMC: Tempus AI (TEM), an AI-driven precision medicine and genomic data company
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UPSC: Upstart Holdings (UPST), an AI-based consumer lending platform
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UUUC: Energy Fuels (UUUU), a uranium and rare earth producer
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WDCC: Western Digital (WDC), the data storage manufacturer
Read that list as a single sentence and it becomes a kind of poem: quantum computer, nuclear reactor, crypto treasury, air taxi, uranium producer, two trading apps, and three chipmakers, each now available with the daily volatility doubled. None of this is a knock on the underlying businesses, several of which are doing genuinely hard, genuinely interesting work. It's simply that "adorable dog mascot" and "twice the daily volatility of a pre-revenue nuclear startup" are not natural bedfellows, and yet here we are, and the corgi does not seem to mind.
The other way to buy space: WSPC spreads the bet across an entire industry
Amid the single-name leverage rush, WisdomTree lands a space economy fund of its own in this batch. WSPC spreads its exposure across launch infrastructure, commercial space, defence space, and the assorted emerging technology that makes any of it possible, rather than stacking one leveraged bet onto one ticker.
The AI infrastructure double bill: photonics and memory, minus the buzzword overload
Two more products in this batch chase the same underlying story from different angles, and both trace back to the same issuer. Defiance, the US thematic and leveraged specialist, reaches European investors here through HANetf's white-label platform, as it has done with the rest of its UCITS range. PH0T, on the London Stock Exchange, targets photonics, the light-based data transmission technology that is quietly becoming a bottleneck fix for AI data centres straining under the weight of their own power and heat budgets. DRMY, on Euronext Amsterdam, targets memory chips, the unglamorous component that has suddenly become one of the tightest supply constraints in the entire AI buildout.
Neither name is dressed up with "Quantum" or "Frontier" or any of the usual thematic seasoning. Both are, refreshingly, about a real infrastructure bottleneck rather than merely leaping on a bandwagon.
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