LAZR has the largest Anthropic exposure of any U.S.-listed ETF at 11.8%.1
NEW YORK, Sep 24, 2026—Tema ETFs (“Tema”), a leader in actively managed exchange-traded funds, today announced that the Tema Photonics & Optical ETF (LAZR) has surpassed $100 million in assets under management (AUM) less than three months after launch.2 LAZR offers several points of differentiation from other AI infrastructure and photonics ETFs:
Pre-IPO Access to Anthropic: LAZR has the most exposure to Anthropic of any U.S.-listed ETF by portfolio weight at 11.8% as of Sep 23, 2026, at no incremental fee.1 Holdings are subject to change.
Expert Advisor: Former Sivers Semiconductors CEO Anders Storm advises LAZR, contributing a deep industry insider perspective on photonics, optical networking, and the technologies shaping the industry.
Exclusive Research Partnership: LAZR was developed in partnership with SemiAnalysis, whose market-leading, supply-chain level research helps inform the fund’s investment strategy.
LAZR reaches the $100 million milestone as Anthropic moves closer to a highly anticipated IPO. Media reports suggest a valuation of approximately $2 trillion,3 which would make it the largest IPO by initial valuation in history, surpassing SpaceX.4
Anthropic is held through a special purpose vehicle (SPV), an established structure for investing in private companies. The fund charges no incremental management, performance, or brokerage fees on this hard-to-access, pre-IPO exposure.
Tema builds ETFs for a range of market environments, offering structural growth and durable core solutions. Founded in 2022, Tema is backed by Index Ventures, Accel Partners, and over a dozen financial services CEOs.
Chris Sullivan
Craft & Capital
chris@craftandcapital.com
1 Bloomberg, as of Sep 23, 2026
2 Bloomberg, as of Sep 23, 2026
3 Reuters, Aug 14, 2026
4 The New York Times, Jun 12, 2026