ProShares Plans 2x SpaceX ETF Launch on Day of Record IPO

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BeInCrypto Editorial

(04:27 AM UTC)

1 min read

Exchange-traded fund (ETF) issuer ProShares has announced plans to launch the Ultra SpaceX ETF (SPCF) on June 12.

The product targets 2x the daily returns of SpaceX. The launch will coincide with the largest initial public offering (IPO) in history.

The firm offers more than 115 funds and has over $90 billion in assets. SPCF joins existing single-stock products. This includes funds…

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