Tradr ETFs launched the Tradr 2X Long MRAM Daily ETF.
The fund trades on the Cboe under the ticker symbol MRAX. It provides two times the daily performance of Everspin Technologies Inc.
The ETF targets professional traders seeking leveraged exposure to semiconductor industry leaders. Everspin recently signed a memorandum of understanding with MaxLinear to develop MRAM architectures for AI servers. Astro Digital also selected the company’s technology for use in satellite systems.