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    <isConfidential>false</isConfidential>
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      <filer>
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          <ccc>XXXXXXXX</ccc>
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      <seriesClassInfo>
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        <classId>C000265499</classId>
      </seriesClassInfo>
      
      
    </filerInfo>
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      <regFileNumber>811-23872</regFileNumber>
      <regCik>0001976322</regCik>
      <regLei>529900NYKGD1N3B8DB45</regLei>
      <regStreet1>34 East Putnam Avenue</regStreet1>
      <regStreet2>Suite 112</regStreet2>
      <regCity>Greenwich</regCity>
      <regStateConditional regCountry="US" regState="US-CT"/>
      <regZipOrPostalCode>06830</regZipOrPostalCode>
      <regPhone>646-206-1788</regPhone>
      <seriesName>Leverage Shares 2X Long SPOT Daily ETF</seriesName>
      <seriesId>S000096604</seriesId>
      <seriesLei>5299009KPT9NEADEUL28</seriesLei>
      <repPdEnd>2026-10-31</repPdEnd>
      <repPdDate>2026-07-31</repPdDate>
      <isFinalFiling>N</isFinalFiling>
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      <totLiabs>264271.820000000000</totLiabs>
      <netAssets>3222840.790000000000</netAssets>
      <assetsAttrMiscSec>0.000000000000</assetsAttrMiscSec>
      <assetsInvested>0.000000000000</assetsInvested>
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      <amtPayOneYrCtrldComp>0.000000000000</amtPayOneYrCtrldComp>
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        <fundsDesignatedInfo>
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      </varInfo>
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        <fairValLevel>2</fairValLevel>
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      <invstOrSec>
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        <fairValLevel>2</fairValLevel>
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              <counterpartyName>CLEAR STREET LLC</counterpartyName>
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        <name>First American Treasury Obliga</name>
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      </invstOrSec>
    </invstOrSecs>
    <signature>
      <ncom:dateSigned>2026-09-25</ncom:dateSigned>
      <ncom:nameOfApplicant>Themes ETF Trust</ncom:nameOfApplicant>
      <ncom:signature>/s/ Dobromir Kamburov</ncom:signature>
      <ncom:signerName>Dobromir Kamburov</ncom:signerName>
      <ncom:title>Treasurer</ncom:title>
    </signature>
  </formData>
  <documents>XXXX</documents>
</edgarSubmission>
