SpaceX Leveraged ETFs SPCH and SSPC Launch on Cboe with 0.75% Fees

According to Leverage Shares by Themes, the firm launched two SpaceX leveraged ETFs on June 15 on Cboe: SPCH (2x daily bull) and SSPC (2x daily bear). SPCH targets daily returns equal to 200% of SpaceX stock performance, while SSPC targets -200%. Both carry a management fee of 0.75%, approximately 38% below the industry average of 1.20% for 2x bull SpaceX ETFs and 47% below the 1.41% average for 2x bear counterparts.
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