21Shares: Launches Anthropic Synthetic ETP
Eric Balchunas reports that 21Shares launched the Anthropic Synthetic ETP in Europe today under ticker CLAU, delivering the first 100% exposure to a private company through total return swaps on the Kaiko Anthropic USD Reference Rate derived from Binance perpetual futures.
SourceAnalysis
21Shares launched the Anthropic Synthetic ETP in Europe today with ticker $CLAU, marking the first product to deliver 100% exposure to a private company. The vehicle gains synthetic exposure via total return swaps tied to the Kaiko Anthropic USD Reference Rate, which itself tracks Binance Anthropic perpetual futures. Eric Balchunas noted limited European interest but flagged potential impact if similar structures reach the US or Asia.
Eric Balchunas
@EricBalchunasBloomberg's Senior ETF Analyst and acclaimed author, co-hosting Trillions & ETF IQ while bringing deep institutional investment insights.