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

ProShares announced plans to launch SPCF, a 2x daily leveraged ETF tracking SpaceX stock. The fund will debut on June 12, coinciding with SpaceX's record IPO that has drawn $250 billion in demand.

June 10, 2026
2 min read
Source: BeInCrypto
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Key Numbers

demand
250B
launch date
June 12, 2026

ProShares has announced plans to launch a new exchange-traded fund (ETF) under the ticker SPCF, offering 2x daily leveraged exposure to SpaceX stock. The fund is set to launch on June 12, 2026, coinciding with the highly anticipated initial public offering (IPO) of the private space company.

The Product

SPCF is a daily leveraged ETF, meaning it aims to deliver twice the daily return of SpaceX stock. This type of fund is suitable for short-term investors seeking amplified exposure to the stock's daily movements.

Pricing and Availability

SPCF will trade on the New York Stock Exchange (NYSE) under the ticker SPCF. ProShares has not yet disclosed the annual expense ratio. The fund requires a standard brokerage account for trading.

Competition

SPCF is the first ETF to offer leveraged exposure to SpaceX. ProShares may face competition from other asset managers planning similar funds following the IPO's success.

Potential Impact on the Company

The launch is expected to increase liquidity in SpaceX stock and attract new investors, particularly those seeking high-risk exposure. It also reflects growing institutional demand for investment vehicles tied to private space companies.

Frequently Asked Questions

SPCF is a 2x daily leveraged ETF that tracks the performance of SpaceX stock.

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This article was rewritten in Wrqti's editorial style based on information from the original source above. Content is informational only — not investment advice.