Themes ETF Trust – Leverage Shares 2X Long BIDU Daily ETF is an actively managed, non-diversified exchange-traded fund that seeks to provide investment results, before fees and expenses, corresponding to 200% of the daily percentage change in the price of the American depositary receipt of Baidu Inc. (Nasdaq: BIDU). The Fund is designed for investors seeking daily leveraged long exposure to Baidu, a China-focused internet and artificial-intelligence company, and does not seek to achieve its stated objective over periods longer than a single trading day. The Fund invests at least 80% of net assets, plus borrowings for investment purposes, in BIDU and financial instruments with comparable economic characteristics, including total-return swap agreements, options contracts, cash and cash equivalents, and money-market instruments; it rebalances its leveraged exposure daily. The Fund trades on the Nasdaq Stock Market under the ticker BIDG, carries a 0.75% total expense ratio and commenced operations on December 18, 2025. As of September 9, 2026, its portfolio primarily comprises Baidu-linked swap positions and a Treasury-obligations money-market fund. The Fund is a series of Themes ETF Trust, is advised by Themes Management Company LLC, is distributed by ALPS Distributors Inc., and is associated with the Leverage Shares by Themes ETFs product platform. Themes ETF Trust is headquartered in Greenwich, Connecticut, United States. Recent developments include the Fund’s December 2025 launch as part of Themes ETF Trust’s expanded U.S. lineup of single-stock daily leveraged ETFs and a March 13, 2026 portfolio-implementation change under which the Fund may allocate up to 100% of assets as collateral for swap agreements or as premiums for purchased options contracts.