Leverage Shares 2X Long IREN Daily ETF seeks daily levered investment results, before fees and expenses, of two times (200%) of the daily percentage change in the price of the common stock of IREN. The fund invests at least 80% of its net assets (plus borrowings for investment purposes) in financial instruments with economic characteristics that, in combination, provide 200% daily leveraged exposure to the price of IREN, consistent with the fund's investment objective. It is non-diversified.
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