MutualFundWire.com: Near Gotham, a New ETF Fam Doubles to $2B, In 2 Months

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Friday, October 10, 2025

Near Gotham, a New ETF Fam Doubles to $2B, In 2 Months

The folks at a New York City area fund firm are celebrating another big milestone for their inverse and leveraged ETF (LETF) arm.

Gregory David "Greg" Bassuk
AXS Investments LLC
Chairman, CEO

This morning, Russell Tencer, president of Tradr ETFs, reveals that Tradr has seen a "rapid acceleration in ... asset growth" and surpassed $2 billion in AUM across its 39 ETFs. Tradr is an arm of Port Chester, New York-based AXS Investments [profile].

"We just crossed $2Bn in AUM ... and doubled AUM since August!" Greg Bassuk, chairman and CEO of AXS, writes to MFWire about Tradr's growth.

The AXS team launched Tradr in May 2024, less than 17 months ago, with the rebranding of a quartet of AXS ETFs. Tradr took 15 months to hit $1 billion, and less than two more to hit $2 billion.

"Reaching $2 billion in just a year and half is a testament to the trust our investors place in us, as well as in the unique value proposition of our family of single-stock products as well as the industry's only calendar reset leveraged ETFs," Tencer states.

Tradr's three biggest ETFs include:

the Tradr 2X Long Innovation 100 Monthly ETF (MQQQ), which launched in August 2024 and now has about $175 million in AUM*;

the Tradr 2X Long CRWV Daily ETF (CWVX), which debuted in July 2025 and now has about $278 million in AUM*; and

the Tradr 2X Short TSLA Daily ETF (TSLQ), which rolled out in July 2022 under the AXS brand, transformed into a Tradr ETF in that first wave in May 2024, and now has about $461 million in AUM*.