Tradr ETFs Launches First-to-Market 2X Long Plays on Datadog and Astera Labs

Tradr ETFs Launches First-to-Market 2X Long Plays on Datadog and Astera Labs

Tradr ETFs is doubling down—literally—on high-growth AI infrastructure plays. The ETF issuer has rolled out two new single-stock leveraged ETFs, both designed to deliver 200% of the daily performance of their respective underlying companies.

The funds, now trading on Cboe, are:

  • Tradr 2X Long DDOG Daily ETF (DOGD) — tracking Datadog, Inc. (Nasdaq: DDOG)
  • Tradr 2X Long ALAB Daily ETF (LABX) — tracking Astera Labs, Inc. (Nasdaq: ALAB)

Both ETFs are first-to-market strategies in their respective tickers, targeting the AI infrastructure theme that has been drawing intense institutional and retail interest.

Betting Bigger on AI Infrastructure

Matt Markiewicz, Head of Product and Capital Markets at Tradr ETFs, points to Datadog’s S&P 500 inclusion and Astera’s revenue momentum as signals of their sector leadership.

“Datadog’s growth story and Astera’s role in powering hyperscaler AI buildouts align perfectly with our focus on giving sophisticated investors precise trading tools,” he said.

The new launches follow Tradr’s July debut of leveraged ETFs on CoreWeave, NuScale Power, Constellation Energy, GE Vernova, and AST SpaceMobile—adding to a lineup that began in 2022 with TSLQ (Tesla) and NVDS (Nvidia), the first single-stock leveraged ETFs in the U.S.

A Tool for High-Conviction Traders

Tradr’s leveraged ETFs allow traders to amplify their exposure without margin accounts or options, offering a more accessible route for expressing short-term, high-conviction views. They’re available through most brokerage platforms and settle like standard equities.

With DOGD and LABX, Tradr’s lineup expands to 21 leveraged ETFs, continuing its push to corner the market on single-stock strategies for active, professional-grade trading.

Context in the Leveraged ETF Arms Race

The move underscores a growing competition in the single-stock ETF niche. Rival issuers like AXS and Direxion have also expanded aggressively, but Tradr maintains an early-mover advantage—especially in AI-linked equities, where speculative and tactical demand is running hot.

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