The folks at an alts-focused fund firm near New York City are celebrating a big milestone for a year-old product suite: entering 10-figure territory.

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

Yesterday, Russell Tencer, president of Tradr ETFs, revealed that Tradr has surpassed $1 billion in AUM across its 21 ETFs. Tradr is an arm of Port Chester, New York-based AXS Investments [profile], and watch for the AXS to keep expanding Tradr's lineup.

"We have an aggressive product launch schedule for 2025 and 2026," Greg Bassuk, chairman and CEO of AXS, tells MFWire via email.

The AXS team launched their inverse and leveraged ETF (LETF) arm, Tradr ETFs, on May 15, 2024, by rebranding four of their existing AXS ETFs with a combined $314 million in AUM. In the 15 months since then, the AXS team has launched a host of other LETFs.

"Crossing the $1 billion mark is a meaningful milestone, but it's only the beginning," Tencer states. "This rapid growth reflects both the investor demand we're seeing for precise, high-conviction leveraged exposures, especially in sectors and companies transforming the world, as well as our team's passion for creating the trading tools our investors seek."

The AXS team now offers 21 Tradr LETFs with about $1.003 billion in combined AUM*, about $405 billion of which is in Tradr ETFs that have debuted in 2025. The single biggest Tradr fund is the original AXS-to-Tradr conversions, the Tradr 2X Short TSLA Daily ETF (TSLQ on the Nasdaq). TSLQ debuted (as the AXS TSLA Bear Daily ETF) on July 13, 2022 and now has about $371 million in AUM*.

*As of August 14, 2025 (yesterday) 

Stay ahead of the news ... Sign up for our email alerts now
CLICK HERE