Anthropic ETF Guide: ANTO, ANTD and the Other Anthropic ETFs on File

As of November 12, 2026, no Anthropic ETF is trading yet, because ANT itself has not listed. Direxion plans to launch ANTO, a 2x daily long fund, and ANTD, a -2x daily inverse fund, after ANT begins trading. At least 12 single-stock Anthropic ETFs from six issuers have prospectuses on file with the SEC.

Key Takeaways

• No Anthropic ETF is trading as of November 12, 2026, because ANT itself has not listed yet.
• Direxion's ANTO targets 2x and ANTD targets -2x of ANT's daily move, each with a 0.97% net expense ratio.
• Direxion has given two start dates, the first or the second trading day after ANT begins trading, so its own announcement is the one to follow.
• Twelve single-stock Anthropic ETFs from six issuers have tickers on file, and six of them are inverse funds.
• Because these funds reset every day, returns over more than one day can differ sharply from 2x or -2x of ANT's move.
• MEXC does not offer ANTO, ANTD or any other Anthropic ETF.

What are ANTO and ANTD?

ANTO and ANTD are single-stock leveraged ETFs that Direxion plans to list once Anthropic's Class A stock trades on Nasdaq under the ticker ANT. ANTO is the Direxion Daily Anthropic Bull 2X ETF and targets 200% of ANT's daily performance. ANTD is the Direxion Daily Anthropic Bear 2X ETF and targets 200% of the inverse of that daily performance.

Three features define a fund like this:

• A daily target. The 2x or -2x goal applies to one trading day. It is not a promise for a week, a month or a year.
• A single stock. Each fund follows one company, not a diversified index, so company news moves it directly.
• Fund shares, not ANT shares. Buying ANTO or ANTD is not the same as owning Anthropic stock, and it carries no vote in the company.

The funds' prospectus filed with the SEC shows total annual operating expenses of 0.99% and a net expense ratio of 0.97% after an expense cap.

When will ANTO and ANTD start trading?

ANTO and ANTD have no confirmed start date, and Direxion has published two different timings. Both depend on ANT trading first, so neither fund can launch before Anthropic's own listing.

• First statement. Direxion's October 29 press release says the funds are expected to begin trading on the first trading day after Anthropic's Class A stock starts trading.
• Second statement. A later Direxion article says the funds are expected to begin trading on the second trading day after ANT begins trading.

The two statements do not match, so treat Direxion's own launch announcement as the final word. ANT's first trading day has not been announced either, and our guide to the Anthropic IPO date and status tracks what is confirmed.

How does daily leverage work?

A 2x daily fund aims to return twice the stock's move for one trading day, then resets its exposure for the next day. Because each day starts from a new base, returns over several days compound and can differ from twice the stock's total move. A simple two-day example shows the effect.

Start every position at 100. ANT rises 10% on day one and falls 10% on day two. Fees are left out.

• ANT: 100 to 110 to 99, a loss of 1%.
• 2x daily long fund: 100 to 120 to 96, a loss of 4%.
• -2x daily inverse fund: 100 to 80 to 96, a loss of 4%.

ANT ends 1% lower, yet both the 2x fund and the -2x fund end 4% lower. Neither result is twice, or minus twice, the stock's two-day move.

That gap is the effect of the daily reset. It grows when the stock swings more and when the holding period is longer, which is why issuers describe these funds as short-term tools.

What other Anthropic ETFs have been filed?

Beyond Direxion, five more issuers have Anthropic single-stock ETFs with tickers on file, and one more has a fund in registration. Being on file is not an approval to list and not a launch date. None of these funds can trade before ANT does.

• ProShares: ProShares Ultra Anthropic (ANTU), 2x daily, and ProShares UltraShort Anthropic (ANTY), -2x daily. ProShares lists a net expense ratio of 0.95% for each fund.
• GraniteShares: GraniteShares 2x Long Anthropic Daily ETF (AIL) and 2x Short Anthropic Daily ETF (ANS). GraniteShares lists expense ratios of 1.33% for AIL and 2.03% for ANS.
• Defiance: Defiance 2X ANT Long Daily ETF (ANTC) and Defiance 2X ANT Short Daily ETF (ANTQ). The Defiance prospectus shows total annual fund operating expenses of 0.71%.
• Leverage Shares: Leverage Shares has filed three funds, a 2x long (ANUU), a 2x short (ANDD) and a 1x short (ANSS). ANUU and ANDD each list a 0.75% expense ratio.
• YieldMax: YieldMax ANT Option Income Strategy ETF (YANT). The YieldMax prospectus says its primary objective is current income, pursued through an options strategy, so it is not a 2x or -2x fund.
• REX Shares: T-REX 2X Long Anthropic Daily Target ETF. REX Shares says the fund is on file and its ticker has not been announced.

Counting Direxion's pair, that is 12 funds with tickers, and six of them are inverse funds that aim to rise when ANT falls.

Will regular ETFs and index funds hold ANT?

Broad index funds can hold ANT only after an index provider adds the stock, and no index has announced that. Each index has its own eligibility and timing rules, so index inclusion is a separate question from the IPO date. Our guide to whether Anthropic will join the Nasdaq-100 or the S&P 500 walks through those rules.

Until then, an "Anthropic ETF" in practice means the single-stock funds listed above, not a diversified fund. Whether a thematic or actively managed fund holds ANT depends on that fund's own disclosures, so check its published holdings after the listing.

How is an ETF different from Pre-IPO futures or owning ANT?

An Anthropic ETF, a Pre-IPO futures contract and ANT stock are three different instruments. ANT shares are ownership. A leveraged ETF is a fund that targets a multiple of ANT's daily move. Pre-IPO perpetual futures are derivatives that exist before the listing. They differ on five points.

• What you hold. ANT shares are Class A stock with one vote per share. ETF shares are units of a fund. A futures position is a contract, with no shares behind it for the holder.
• Leverage. ANT shares have no leverage built in. The single-stock ETFs above target 2x, -2x or -1x for one day. Futures use margin, so a position can be liquidated.
• Expiry and reset. Shares have neither. Leveraged ETFs reset every trading day. Perpetual futures have no expiry date.
• Trading hours. ANT and the ETFs trade during US exchange hours. Futures follow the schedule of the platform that lists them.
• Where you live. Access to US-listed stocks and ETFs depends on your location and your broker. Futures platforms also restrict some regions.

On MEXC, the Pre-IPO product is the ANTHROPICUSDT perpetual futures contract, which is quoted on Anthropic's Pre-IPO valuation, not on a share price. MEXC does not offer ANTO, ANTD or the other ETFs.

How the routes available before listing compare is covered in our guide to buying Anthropic exposure before the IPO.

MEXC operates only in designated jurisdictions and does not provide services in some countries or regions. Regulatory requirements differ by region, and users are responsible for understanding the rules that apply where they live. Service regions are set out in the Prohibited Jurisdiction clause of the MEXC User Agreement.

For the stock itself, see how to buy the Anthropic IPO through a broker. Our ANT stock guide explains the ticker. Inverse funds are one of several tools covered in how shorting Anthropic stock works. A fourth product type, which is neither an ETF nor a futures contract, is explained in what Anthropic tokenized stock is.

Follow the Anthropic Pre-IPO Countdown on MEXC

What are the risks?

Single-stock leveraged and inverse ETFs carry more risk than the stock they follow. The main risks come from the daily reset, the single-company focus and the timing of a brand-new listing.

• Daily reset and compounding. Over more than one day, returns can differ sharply from 2x or -2x of ANT's move, as the two-day example shows.
• Single-stock concentration. One company's news drives the whole fund, with nothing else in the portfolio to offset it. The company-level risks are listed in the risk factors in Anthropic's prospectus.
• First-day volatility. A newly listed stock can gap and show high volatility, and a 2x or -2x fund doubles each daily move.
• Inverse risk. A -2x fund loses value when ANT rises, and a strong run in the stock can erase most of the fund's value quickly.
• Large one-day losses. GraniteShares' summary prospectus for AIL warns that an investor could lose the full principal value of an investment within a single day.
• Fees. Listed expense ratios for the funds above run from 0.71% to 2.03%, well above a typical broad index fund.

MEXC View: A Daily Tool Is Not a Shortcut to Owning ANT

In our view, the most important word in "2x daily" is "daily." ANTO, ANTD and the other funds are built around a one-day target, and the two-day example above shows how quickly results drift from the headline multiple once the stock moves both ways.

A brand-new listing also has no trading history, so in the first sessions there is little to anchor expectations on. A fund that doubles each daily move doubles that uncertainty too.

We read the number of filings as a sign of issuer interest, not of suitability. Twelve funds on file show that sponsors expect demand, but they say nothing about whether a leveraged or inverse product fits any one reader.

Launch timing is unsettled as well, with Direxion's two statements pointing to different days. We will follow the issuers' own announcements rather than reports. MEXC does not offer these ETFs, and this section is not a suggestion to buy or sell any fund.

Frequently Asked Questions

Is there an Anthropic ETF?

As of November 12, 2026, no Anthropic ETF is trading; single-stock funds such as ANTO and ANTD are on file and can launch only after ANT lists.

What does 2x daily mean?

It means the fund aims for twice ANT's move for one trading day and then resets, so results over longer periods can differ from twice ANT's return.

What is the difference between ANTO and ANTD?

ANTO targets 200% of ANT's daily performance, while ANTD targets 200% of the inverse, so ANTD is built to rise on days when ANT falls.

Are ANTO and ANTD stocks?

No. ANTO and ANTD are ETF tickers from Direxion, and ANT is the ticker of Anthropic's own Class A stock.

Can I buy ANTO or ANTD outside the US?

The funds are planned as US-listed ETFs, so access depends on where you live and on your broker, and retail investors in some regions may not be able to buy US-registered ETFs.

Can I trade ANTO or ANTD on MEXC?

No. MEXC does not offer ANTO, ANTD or any other Anthropic ETF.

More Anthropic Guides

• Can You Short Anthropic Stock? How Shorting ANT Works Before and After the IPO
• Will Anthropic Join the Nasdaq-100 or the S&P 500? How Index Inclusion Works for ANT
• ANT Stock: Anthropic's Ticker, IPO Date and How to Buy It (Not Ant Group)
• What Is Anthropic Tokenized Stock? How It Works Before and After the ANT IPO
• Can You Buy Anthropic Stock Before the IPO? Three Routes Compared
• Can You Get Anthropic Shares at the IPO Price? How to Buy the Anthropic IPO From Anywhere
• When Is the Anthropic IPO? Anthropic IPO Date, Plans and Status for 2026
• Is Anthropic Stock Public Yet? Does Anthropic Have a Stock, Ticker ANT and How to Buy
• Anthropic IPO Price Per Share: How to Estimate It Before the Price Range Is Set
• Anthropic IPO Roadshow: When It Starts, Who Runs It and What Happens Next
• Anthropic IPO News 2026: Latest on the S-1 Amendment, Ticker ANT and Listing Date
• Anthropic IPO Prospectus Explained: What the S-1 Reveals About Revenue, Losses, Control and Risks
• Anthropic IPO Valuation: From $965 Billion to a Reported $1.5 Trillion, Every Round and Who Owns What
• Where Is Anthropic's S-1? Inside the Anthropic IPO Filing and Its November 2026 Amendment
• Anthropic Q3 2026 Results: $16.96 Billion in Revenue, a $567 Million Operating Loss, and What It Means for the IPO
• Is Anthropic Profitable? Annual Revenue, Q3 2026 Losses and Cash Burn Explained
• When Will Anthropic List? What the Polymarket Anthropic IPO Odds Say Now
• Anthropic vs OpenAI IPO: Anthropic Lists First — What's Confirmed and What's Still Rumor
• Can You Still Get In Early? SpaceX, OpenAI, Anthropic and Databricks IPO Plans 2026

Disclaimer: This article is for informational purposes only and does not constitute investment, legal or tax advice. IPO timing, pricing and allocations can change. Derivatives and leveraged ETFs involve high risk, including the loss of your entire investment or margin.

Trading crypto assets is high-risk; prices can be highly volatile and you may lose everything you put in. No security measure removes all risk, and MEXC does not promise principal protection or absolute security. This article is not investment advice.