- Business
- Leverage Shares 3x Long ARK Innovation ETP Securities (ARK3.L) is an exchange-traded product (ETP) issued by Leverage Shares Public Limited Company that provides sophisticated investors with three times (3x) the daily performance of the ARK Innovation ETF (ARKK), net of fees and expenses. The ETP employs physical replication by directly investing in ARKK shares and using margin borrowing to achieve the leveraged exposure, with daily rebalancing and an intraday "airbag" mechanism to mitigate large falls; it is collateralized, UCITS-eligible, and designed for short-term trading rather than long-term holding due to compounding effects. Leverage Shares, founded in 2017 and headquartered in Dublin, Ireland, with additional offices in the UK and US, specializes in a broad range of physically backed leveraged (2x, 3x, 5x), inverse (-1x, -2x, -3x, -5x), and unleveraged (1x) ETPs tracking individual stocks, ETFs, commodities, and custom indices such as STOXX benchmarks; its products list on major European exchanges including the London Stock Exchange, Euronext Paris, Euronext Amsterdam, Borsa Italiana, and SIX Swiss Exchange, targeting professional traders in Europe across sectors like technology, innovation, and cryptocurrencies.
In recent developments, Leverage Shares expanded its product suite significantly in 2025, launching 19 new ETPs on the London Stock Exchange in September including the first 3x leveraged ETPs on Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH), alongside 5x long/short products on FTSE 100 and FTSE MIB indices, 3x exposures to FAANG+ baskets, Intel, Broadcom, ASML, Eli Lilly, Rheinmetall, and Futu, plus a white-label Pantarai ADAPT ETP. Further growth included nine new single-stock leveraged ETPs under its "Leverage Shares by Themes" brand in November 2025 covering NU, NET, OKTA, TER, NEM, CMG, ABNB, SPOT, and SBUX, bringing the total to 43 such products; in late November, it introduced the world's first 3x long and 3x short Bitcoin and Ethereum ETPs on SIX Swiss Exchange using regulated futures, signaling a broader 2026 crypto expansion. These launches reflect robust trading momentum, with year-to-date turnover through August 2025 up 86% versus 2024 and average monthly volumes rising nearly 50%, underscoring Leverage Shares' position as Europe's leading issuer of single-stock ETPs by AUM and volume.