- Business
- Leverage Shares Plc (STSL.L) issues the Leverage Shares -1x Tesla ETC, an exchange-traded commodity that seeks to track the iSTOXX Inverse Leveraged -1X TSLA Index, providing -1x the daily return of Tesla Inc. stock, adjusted for fees and shorting costs; the product employs physical replication through a short position in Tesla shares and is listed on the London Stock Exchange in GBP, USD, and EUR with ISIN XS2944886931. The company offers a broad suite of physically backed leveraged, inverse, and unleveraged exchange-traded products (ETPs) and commodities (ETCs) on individual stocks, ETFs, baskets, and custom indices, including popular single-stock offerings such as 2x Tesla ETP, 3x Short Tesla ETP, and trackers on names like Robinhood, Hims & Hers, UnitedHealth, Intel, Broadcom, ASML, and Eli Lilly; additional services encompass white-label ETP infrastructure for third-party asset managers. Products target experienced traders and professional investors seeking magnified daily exposure or hedging across asset classes, with listings on major European exchanges including London Stock Exchange, Deutsche Börse Xetra, and Cboe Europe.
Founded in 2017 and headquartered in Greenwich, Connecticut, with management and operational entities in Ireland (Leverage Shares Management Company Limited, Dublin) and the UK (Leverage Shares (UK) Limited, Tunbridge Wells), the company operates primarily in Europe and the US, serving investors in countries such as the United Kingdom, Ireland, Germany, France, and the Netherlands.
In recent developments, Leverage Shares launched 19 new ETPs on the London Stock Exchange in September 2025, introducing first-ever 3x leveraged products on Robinhood (HOOD), Hims & Hers (HIMS), and UnitedHealth (UNH), alongside 3x long and short exposures to Intel, Broadcom, ASML, Eli Lilly, Rheinmetall, and Futu, plus 5x long/short on FTSE 100 and FTSE MIB indices and a white-label Pantarai ADAPT ETP; turnover year-to-date through August 2025 rose 86% versus 2024, with average monthly trading up nearly 50%. Earlier in December 2025, Leverage Shares by Themes expanded its US single-stock 2x leveraged ETF suite with new offerings on IREN Ltd., Bloom Energy Corp., GE Vernova Inc., and EchoStar Corp., available for trading starting December 16; the company surpassed $1 billion in assets under management in July 2024 and continues to develop income and derivative-based ETPs while enhancing market penetration across Europe. No major acquisitions, funding rounds, or reorganizations were reported in the last 1-2 years, with focus remaining on organic product expansion and physical replication innovation as Europe's only provider of such leveraged/inverse ETPs.