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Pionex launches $SPCHX 2x Long SpaceX ETF

Pionex launches $SPCHX 2x Long SpaceX ETF
Pionex launches 2x Long SpaceX ETF

Pionex has announced the launch of $SPCHX, a 2x Long SpaceX ETF designed to seek 200% of SPCX's single-day performance, which is now available on its platform.

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Pionex has introduced $SPCHX, a 2x Long SpaceX ETF that aims to deliver 200% of SPCX’s single-day performance. According to the broker's announcement, this product provides exposure to the daily price movements of SpaceX-related assets and is now available for trading on the Pionex platform. Further specific details about the ETF or its composition were not disclosed in the announcement.

Pionex is a cryptocurrency exchange established in 2019 and licensed under a US MSB license from FinCEN. The platform supports manual and automated crypto trading, offering access to over 300 trading pairs, built-in trading bots with no additional fees, margin trading, and low minimum deposits. For more information, visit the broker profile on Traders Union.

For more background on Pionex's innovative offerings, check out our earlier news about Pionex launching SPCX perpetual futures contracts linked to SpaceX, as covered in the previous Pionex update on Traders Union.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.

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