SpaceX Leverage ETF Trading Volume Exceeds $3 Billion, SPCH Hits $1.3B Single-Day Record

According to Bloomberg senior ETF analyst Eric Balchunas, SpaceX leverage ETF products have seen cumulative trading volumes exceed $3 billion, marking a significant jump from approximately $1 billion the previous day, as the market experiences what Balchunas described as "total feeding frenzy." Nearly all products in the category have reached or exceeded $100 million in assets under management, with SPCH recording a single-day trading volume of approximately $1.3 billion on its second day of trading, surpassing the previous benchmark set by Bitcoin spot ETF IBIT.

ProShares' SPCF led in net inflows with approximately $184 million, while total net inflows across all SpaceX leverage ETF products reached approximately $308 million. Balchunas noted that it will take one to two weeks to discern the final capital concentration pattern among competing products.