2x Flying Cars: New ETF Catches a Ride with Archer Aviation
Shares of Archer Aviation (ACHR) are a new favorite among retail traders betting on the future of air taxis, and now there's a leveraged ETF to match the hype.
The Tradr 2X Long ACHR Daily ETF (ARCX) launched on Monday, offering 2x daily exposure to Archer's stock. It's the latest in a string of single-stock ETFs aimed squarely at retail investors who want to swing big on buzzworthy names.
Archer is developing electric vertical takeoff and landing (eVTOL) aircraft, the kind of flying taxis that used to be confined to sci-fi television. The company is targeting routes of around 20 miles that could take over an hour by car but just minutes by air.
'Why sit in traffic when you can fly above it?' the company's website reads. 'Air taxis are poised to revolutionize the way people move around cities, designed to cut 1+ hour commutes down to mere minutes.'
Archer plans to deliver its first aircraft to the United Arab Emirates later this year. In December, the company announced a defense collaboration with Anduril to co-develop VTOL aircraft for military applications.
Archer's biggest publicly traded rival is Joby Aviation (JOBY), which commands an $8 billion market cap compared to Archer's $6 billion. Both companies plan to roll out commercial services within the next few years.
Analysts project Archer could generate $130 million in revenue by 2026 and over $1 billion by 2028, according to consensus estimates. Even then, it's expected to be unprofitable.
Still, the market seems optimistic. Archer's stock is up 16% year to date and trades slightly above its original SPAC merger price of $10 from 2021.
ARCX checks all the boxes for a successful leveraged ETF: It's volatile, it's futuristic and it has a loyal retail following. Given the buzz around Archer, ARCX looks well-positioned to resonate with short-term traders chasing big moves.
Whether it takes off is anyone's guess. But either way, the launch underscores the growing appetite for leveraged vehicles tied to high-conviction retail names.Permalink | © Copyright 2025 etf.com. All rights reserved
Hashtags
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Entrepreneur
2 hours ago
- Entrepreneur
Tetr College Launches Full Scholarships for Indian Content Creators
Tetr College of Business announced full scholarships for Indian content creators with 1 million or more followers, covering up to 100% tuition fee of the four-year program, which costs approximately INR 2 crore You're reading Entrepreneur India, an international franchise of Entrepreneur Media. Tetr College of Business has announced full scholarships for Indian influencers with a verified follower count of one million or more. In a move that reflects the rising economic and cultural weight of digital creators, the scholarships will cover up to 100 per cent of the INR two crore tuition fee for Tetr's 2026 Bachelor's in Management and Technology program. Described by Tetr as one of the world's first scholarship initiatives specifically for digital creators, the program aims to convert social media influence into long-term entrepreneurial success. Recipients will study across seven global locations—including India, UAE, Singapore, Ghana, USA, Argentina, and Europe—and attend courses at institutions like IIT, the National University of Singapore, and Cornell University. "This scholarship recognises that influence is one of the modern world's most powerful currencies," said Pratham Mittal, founder of Tetr College of Business in a statement. "We have seen content creators grind; building empires from their bedrooms, fighting algorithms to grow their audiences. The next step is teaching them to convert that influence into real value—products, platforms, companies." The scholarship program is open to creators working across sectors like finance, education, lifestyle, and technology. Tetr says successful applicants will learn to build monetizable business models, launch their own products, and scale their platforms across global markets. According to the college, coursework will be bolstered by mentorship from faculty with ties to institutions such as Harvard, MIT, and INSEAD, and executives from SoftBank, NASA, and Estée Lauder. Candidates will need to apply through the Tetr College website, submitting a portfolio, verified follower metrics, and a personal statement outlining their entrepreneurial vision. A selection process involving reviews and interviews will follow, with final offers made ahead of the 2026 academic intake. The initiative follows a record-setting admissions cycle for Tetr's 2025 cohort, which drew over 150,000 applications for just 100 seats. The average admitted student had a SAT score of 1475, and some reportedly chose Tetr over globally ranked institutions like Dartmouth, Imperial, and King's College. By opening its doors to top-tier digital creators, Tetr appears to be placing social capital on equal footing with traditional academic credentials. The program is designed to equip influencers not just with global exposure, but with the business tools to build companies that endure.
Yahoo
2 hours ago
- Yahoo
Belgium's Sotrad Water Honoured With Global Award in Dubai for Solar-powered Drinking Water Innovation
DUBAI, United Arab Emirates, June 12, 2025--(BUSINESS WIRE)--Sotrad Water Srl from Belgium has been named the second runner-up in the Innovative Projects Award (Large Projects category) during the fourth cycle of the Mohammed bin Rashid Al Maktoum Global Water Award for its Pump&Drink® Hydro1000 initiative, a solar-powered water treatment and distribution solution designed to serve rural communities in Africa and beyond. Held under the Mohammed bin Rashid Al Maktoum Global Initiatives and supervised by the UAE Water Aid Foundation (Suqia UAE), the award celebrates innovative technologies that address global water scarcity using renewable energy. It offers a total prize pool of USD 1 million and supports scalable, sustainable impact. Sotrad Water's Pump&Drink® system is a self-contained, solar-powered solution that pumps, treats, stores and distributes water from boreholes. The system is already operational in 22 countries, with over 500 units installed, including 150 in the Ivory Coast during a successful pilot phase in 2020. A full-scale rollout is now under way through 2025. Each station includes a submersible pump powered by a solar array of eight modules, as well as advanced filtration (50-130 microns) and proportional chlorination for disinfection. Treated water is stored in elevated 8,000-litre tanks, then distributed via gravity-fed taps to serve surrounding communities. The systems do not require a full-time technician and feature remote monitoring capabilities using SMS-based data transmission for real-time performance tracking. The technology has earned the "Efficient Solution" label from the Solar Impulse Foundation for its sustainable impact. Each station can produce between 10 and 30 cubic metres of clean water per day, depending on local water quality and needs. The EUR 49 million rollout includes 1,150 stations and is supported by regional water committees to ensure ongoing maintenance and local community engagement. "Solving the global water crisis requires collaboration. We cannot work in solitude or design solutions limited to one location. We must address all water uses, including agriculture, drinking water, wastewater and even cooling in data centres, together. This award acknowledges 15 years of hard work and supports our vision to expand technology transfer. It brings global innovations under one roof, which is a true reflection of Dubai's spirit. It inspires hope for a future free from water scarcity," said Raoul Antoine, General Manager of Sotrad Water. Source: AETOSWire View source version on Contacts Seen MediaMariam Mikhail+971 50 949 6795info@ Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
2 hours ago
- Yahoo
China Wins Two Global Water Awards for Breakthroughs in Sustainable Desalination
DUBAI, United Arab Emirates, June 12, 2025--(BUSINESS WIRE)--China has claimed two major awards during the fourth cycle of the Mohammed bin Rashid Al Maktoum Global Water Award, highlighting the country's leadership in sustainable water solutions and youth-driven innovation. Supervised by the UAE Water Aid Foundation (Suqia UAE) under the Mohammed bin Rashid Al Maktoum Global Initiatives, the USD 1 million global award recognises efforts to address water scarcity through renewable energy and advanced technologies. Jiangsu Fenghai New Energy Seawater Desalination Development Co Ltd and Hangzhou Sunup Environmental Technology Co Ltd were named first runner-up in the Innovative Projects Award (Small Projects category) for their Microgrid Seawater Treatment system. Deployed on an isolated island, the containerised system integrates renewable energy with advanced triple-stage reverse-osmosis technology to produce 100 tonnes of clean water daily. Fully automated and remotely monitored, the microgrid includes a 100kW solar power unit and supports 500 residents through water-filling stations and community employment. The drinking water meets China's GB 5749 standards and has enabled economic activity in agriculture and tourism. "Our project aligns perfectly with the award's mission, combining renewable energy, distillation and sustainable water management. Through this platform, we hope to gain international recognition, expand our technology's reach, enhance visibility, foster collaboration and inspire continued innovation within our team," said Wang Hua, Deputy General Manager of Hangzhou Sunup Environmental Technology Co Ltd. Professor Xu Zhenyuan won the Innovative Individual Award (Youth Award category) for his Passive Solar Distillation innovation. Developed in collaboration with MIT, his modular desalination system uses layered solar evaporators and transparent aerogel insulation to passively produce more than 5.78 litres of pure drinking water per square metre on an hourly basis. The system reuses solar heat across several stages, achieving record-high efficiency even in ultra-saline conditions. Made from low-cost, widely available materials and requiring no electricity, it offers an accessible, portable solution for off-grid water access. Xu has published his research and engaged in awareness initiatives on the water-energy nexus. "The global water crisis will worsen as populations grow and human activity strains resources. This award affirms the importance of renewable energy solutions. It motivates me to move beyond academic research and focus on real-world applications that benefit communities and support a more sustainable future for all," said Professor Xu. Source: AETOSWire View source version on Contacts Seen MediaMariam Mikhail+971 50 949 6795info@
