ET 18:31

Leverage Shares Launches 2x Leveraged SpaceX ETFs SPCH, SSPC on Cboe

Leverage Shares by Themes launched two 2x leveraged exchange-traded funds (ETFs) for SpaceX on Cboe on June 15, 2026. The Leverage Shares 2x Long SpaceX Daily ETF (SPCH) and Leverage Shares 2x Short SpaceX Daily ETF (SSPC) offer active traders magnified daily exposure to SpaceX's highly anticipated initial public offering (IPO). SPCH aims to deliver 200% of SpaceX's daily performance, while SSPC targets -200%, both before fees and expenses. These actively managed funds, utilizing swaps and other derivatives, address substantial retail investor demand for SpaceX exposure, with its IPO reportedly oversubscribed by 3.5 to 4.0 times. Both ETFs feature a competitive management fee of 0.75%, representing a 38% reduction for SPCH and a 47% reduction for SSPC compared to industry averages for similar leveraged single-stock ETFs.

EditorJack Lee