21shares has launched a synthetic ETP that gives holders exposure to Anthropic through swaps written on a perpetual-futures index.
The vehicle, 21shares x FalconX Limited SPV, sources swaps on a Kaiko reference rate derived from Binance's Anthropic perpetual futures, with FalconX Limited as the swap counterparty.
The ETP's value depends on that swap with FalconX and on the Kaiko rate, not on a directly held position in Anthropic.
Reported by The Tape desk from ETF Daily launch coverage. Published . Corrections