**[Leverage Shares Applies to Launch 2x Long Kraken ETF]** European ETP provider Leverage Shares has submitted an application to launch a 2x long ETF tracking the daily performance of the cryptocurrency exchange Kraken. Bloomberg senior ETF analyst Eric Balchunas stated that this is the first attempt to create a leveraged product directly tied to a private cryptocurrency exchange. The ETF aims to provide investors with twice the daily price fluctuations of Kraken. Previously, Kraken had secretly filed for a U.S. IPO. Balchunas believes the ETF could be listed as early as next year.