ProShares Launches 2X SpaceX ETF on IPO Day

According to Coin Bureau, ProShares will launch the Ultra SpaceX ETF (ticker: SPCF) on June 12, aiming to deliver 2x SpaceX's daily returns on the same day the company's IPO begins trading. The leveraged fund targets twice the daily performance of SpaceX shares, amplifying both gains and losses during intraday moves.
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