Leverage Shares’ 2× Short SpaceX ETF Collects $86M With 0.75% Fee
SSPC•Leverage Shares’ 2× Short SpaceX ETF has amassed $17 million of inflows since its June 15 launch and now holds $86 million in assets while charging a 0.75 percent expense ratio. The fund’s growth reflects traders’ appetite for leveraged short exposure as SpaceX shares have slid following its June 12 IPO.
1. Inflow and AUM Growth
Since its June 15 launch, Leverage Shares’ 2× Short SpaceX ETF has drawn $17 million of new capital and now holds $86 million in assets under management. Its 0.75 percent expense ratio positions it at the low end of the group of leveraged short ETFs.
2. Demand Drivers and Cost Considerations
The ETF’s momentum stems from a decline in SpaceX shares after the June 12 IPO, fueling demand for leveraged short exposure. While the headline 0.75 percent fee is competitive, differences in swap financing costs can alter the true expense of holding these funds.
