Tradr ETFs, a provider of ETFs designed for sophisticated investors and professional traders, announced that it expects to launch two first-to-market leveraged single-stock ETFs on Astera Labs Inc. (Nasdaq: ALAB) and Datadog Inc. (Nasdaq: DDOG) on Tuesday, August 12. This launch will grow Tradr's leveraged ETF lineup to 21 funds.

The two new funds are:

• Tradr 2X Long DDOG Daily ETF (Cboe: DOGD)
• Tradr 2X Long ALAB Daily ETF (Cboe: LABX)

"Both stocks represent very compelling growth narratives within the AI theme, and we are excited to soon make these two ETFs available to the Tradr Tribe", said Matt Markiewicz, Tradr's Head of Product and Capital Markets. "Datadog's recent addition to the S&P 500 Index is a remarkable achievement as it's only been public for just under six years, while Astera, which IPO'd in March 2024, has seen meteoric revenue growth over the last several years."

Since late-April, Tradr ETFs has introduced a suite of 2X long leveraged ETFs on 12 captivating stocks, including CoreWeave (CWVX), Tempus AI (TEMT), AppLovin (APPX), D-Wave Quantum (QBTX), and NuScale Power (SMU). As of August 7, 2025, the collective assets under management of the 12 launches stands at approximately $400 million.