Leverage Shares 2X Long BBAI Daily ETF (BAIG) Leverage Shares 2X Long BBAI Daily ETF seeks daily investment results, before fees and expenses, equal to two times (200%) the daily percentage change in the price of BigBear.ai Holdings, Inc. BigBear.ai Holdings, Inc. common stock. The actively managed exchange-traded fund invests at least 80% of its net assets in financial instruments, including swaps with counterparties such as Cantor, Marex, and Clearstreet, and U.S. Treasury obligations, that provide leveraged exposure to BBAI; it maintains a total expense ratio of 0.75%, trades on Nasdaq, and undergoes daily rebalancing to achieve its objective. Listed in the United States with inception on August 21, 2025, the ETF targets sophisticated active traders seeking magnified short-term performance in the information technology sector, primarily focused on the U.S. market, amid warnings of potential principal loss over periods longer than one day due to compounding and volatility effects.
Leverage Shares, the ETF sponsor founded in 2017 with headquarters in Greenwich, Connecticut, and offices across eight countries including Ireland and the UK, operates as a provider of leveraged, inverse, and unleveraged exchange-traded products listed on major exchanges. The firm recently expanded as a new crypto ETP issuer at SIX Swiss Exchange in November 2025, managing over $1.5 billion in assets under management across more than 180 ETPs physically backed by securities, ETFs, indices, and commodities. No major acquisitions, funding rounds, or structural changes specific to BAIG appear in the last one to two years beyond its launch and ongoing portfolio adjustments tied to BBAI exposure.