Leverage Shares 2X Long HUT Daily ETF

Leverage Shares 2X Long HUT Daily ETF is an actively managed exchange-traded fund designed to deliver two times (200%) the daily performance of Hut 8 Corp. stock, before fees and expenses. Launched on January 13, 2026, it targets active traders seeking amplified short-term exposure to HUT, a company in the software and services sector focused on bitcoin mining and cryptographic systems. The ETF employs derivatives such as swap agreements, call options, and synthetic forwards to achieve its leveraged objective, with daily rebalancing to maintain the 2x factor. It features a total expense ratio of 0.75%, notably lower than the category average, and holds primarily cash equivalents alongside these instruments for collateral. With limited shares outstanding and no direct investment in the underlying stock, the fund emphasizes liquidity in an ETF structure without margin call risks. Concentrated in the cryptocurrency mining industry, it plays a niche role in providing leveraged tools for tactical trading strategies amid volatile digital asset markets.