Leverage Shares 2x Long IREN Daily ETF

Leverage Shares 2x Long IREN Daily ETF is an exchange-traded fund designed to provide twice the daily performance of IREN Limited’s common stock before fees and expenses. The fund uses leveraged exposure through financial instruments such as swaps to track the short-term price movement of IREN, making it a specialized product for traders seeking amplified daily exposure rather than long-term index-style diversification. Managed within the Themes ETF Trust structure, it is a non-diversified ETF that focuses on a single underlying equity and resets its exposure daily to maintain its target objective. Leverage Shares 2x Long IREN Daily ETF plays a niche role in the market by offering a regulated vehicle for accessing leveraged, single-stock exposure in a liquid ETF wrapper.