Trading volume in 2x SpaceX ETFs has surged past $3 billion, with one fund, $SPCH, reaching $1.3 billion in volume on its second day of trading. Most of these leveraged ETFs have already surpassed $100 million in assets under management.
The rapid and substantial trading volume in these leveraged SpaceX ETFs indicates intense retail and institutional interest in gaining leveraged exposure to the company's performance, potentially signaling a speculative fervor in the market.
Trading volume in leveraged exchange-traded funds (ETFs) focused on SpaceX has surged dramatically, surpassing $3 billion. A significant portion of these funds have already accumulated over $100 million in assets under management.
Notably, the ETF $SPCH achieved $1.3 billion in trading volume, a figure reportedly the highest ever for an ETF on its second day of trading. This volume surpassed that of $IBIT, which recorded $500 million on its second day.
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