Retail investors rush in, SpaceX leveraged ETF exceeds $1 billion in first-day trading, possibly setting a single-stock record

```

The frenzy surrounding the world's largest IPO is rapidly spreading to the derivatives market. Within days of SpaceX's listing, a batch of leveraged and inverse ETFs linked to the stock quickly emerged, recording an astonishing trading volume of over $1 billion on their first trading day.

According to data compiled by Bloomberg, around a dozen leveraged and inverse SpaceX ETFs debuted for trading on Monday, making it one of the largest single-day launches of single-stock leveraged ETFs. Although asset size and net inflow data will only become clear after the next trading day, the trading volume alone is sufficient to prove the strength of market demand.

Todd Sohn, Chief ETF Strategist at Strategas Securities, said, "A combined $1 billion trading volume across these products is massive, fully demonstrating SpaceX’s influence and the market’s excitement."

Meanwhile, SpaceX's stock price continued to rise, at one point surging 17% during Tuesday's session, with market capitalization nearing $3 trillion, surpassing Amazon and Microsoft to become the world’s fourth largest listed company. It ultimately closed up 4.8%.

Leveraged products surge on first day

Among the newly launched products, Leverage Shares 2X Long SPCX Daily ETF drew attention from some market observers due to its management fee of only 75 basis points—relatively low compared to its peers. The fund’s first day trading volume exceeded $280 million.

Todd Sohn pointed out that this figure "is very likely a record in the single-stock leveraged ETF sector, and is quite astonishing for any ETF. Everyone wants to share in the IPO’s dividend in some form."

Mohit Bajaj, Managing Director of ETFs at WallachBeth Capital, noted, "The expectations for SpaceX are not merely hype. Investors are flocking to leveraged ETFs to profit from the stock’s massive fluctuations."

Retail investors dominate—SpaceX becomes hottest market focus

According to Vanda Research, SpaceX quickly became the central focus of retail investors following its listing, with interest in the stock eclipsing almost all other assets in the market.

This phenomenon reflects a deep transformation in the retail trading ecosystem. A star stock no longer just attracts investors to buy it directly. Within days of its listing, it can generate a network of products interwoven by leveraged ETFs, options, and crypto derivatives, enabling investors to magnify bets or short the asset.

The rapid launch of SpaceX ETFs once again highlights Wall Street’s acute sense for retail enthusiasm—the world’s largest IPO landed only days ago, and investors already have a range of products providing two-way leveraged exposure to freely choose from.

 Risk Warning and DisclaimerMarkets carry risks; investment should be cautious. This article does not constitute personal investment advice, nor does it take into account the special investment objectives, financial situation, or needs of any individual user. Users should consider whether any opinions, views, or conclusions in this article are suitable for their particular situation. Investment decisions are made at your own risk. ```