Eric Balchunas|Nov 03, 2026 13:01
Wrote today about how the Anthropic ETN in Europe is the right bait but the wrong lake. CLAU has been totally ignored in Europe. If it were in US it would get serious bites IMO but no one over there cares about novel products (bf you praise them for that pls know they largely still getting overcharged by MFs). Still tho, CLAU is foreshadow of what might be coming in US: private cos via swaps linked to perps. Not real thing but will likely do for many until the real thing arrives. Check out fill note on BI ETF go.
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