Tradr ETFs has launched two leveraged exchange-traded funds (ETFs) that focus on Cerebras Systems Inc. (NASDAQ:CBRS), marking them as the first-to-market inverse ETFs for this year’s largest IPO. The new funds, named Tradr 2X Long CBRS Daily ETF (Cboe: CBRX) and Tradr 2X Short CBRS Daily ETF (Cboe: CBRZ), aim to deliver two times the daily performance of Cerebras, both long and short. Matt Markiewicz, Head of Product and Capital Markets at Tradr, highlighted the excitement surrounding Cerebras' IPO, which is seen as a significant event in the semiconductor industry amid the ongoing AI economic boom. With a total of 65 leveraged ETFs under management, Tradr aims to provide sophisticated investors with innovative trading tools that simplify market engagement without the complexities of margin trading. However, the leveraged nature of these ETFs introduces substantial risks, necessitating that investors actively monitor their positions to mitigate potential losses.