The ETP is an unleveraged product and does not grant holders direct ownership of Anthropic shares. Since its launch on October 13, there have been zero trades of the security. Analyst Eric Balchunas stated that the tool would be more noteworthy if the issuer could replicate the structure in the US or Asian markets.
Wednesday, October 21, 2026
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21Shares Launches First ETP With 100% Exposure to Private Anthropic
Crypto8 days ago
The asset manager introduced a synthetic investment vehicle in Europe that tracks the pre-IPO valuation of the AI startup using crypto-linked derivatives. Trading under the ticker CLAU on the Vienna Stock Exchange, the product provides 100% exposure to a private company, making it the first instrument of its kind. 21Shares generates this exposure through total return swaps on the Kaiko Anthropic USD Reference Rate, which is derived from Anthropic perpetual futures on Binance.
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