ProShares Ultra Semiconductors unveils SpaceX ETF aiming for 2x daily returns

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Anastasiia Chabaniuk

23.06.2026

ProShares Ultra Semiconductors unveils SpaceX ETF aiming for 2x daily returns — ProShares launches leveraged SpaceX ETF

ProShares Ultra Semiconductors has launched the ProShares Ultra SpaceX ETF (SPCF), designed to deliver twice the daily returns of SpaceX.

Simeon Hyman, Global Investment Strategist at ProShares Ultra Semiconductors, appeared on CNBC's Power Lunch to explain the fund's mechanics and the increasing investor interest in leveraged exposure to the space sector. The ETF offers a tool for investors seeking amplified exposure to SpaceX movements, reflecting a broader appetite for high-risk, high-reward instruments linked to major space industry players.

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ProShares Ultra Semiconductors previously announced plans to file for the Ultra SpaceX ETF to address investor demand for new SpaceX exposure, according to a recent filing. The company also noted that SpaceX remains one of the most anticipated public offerings in recent years, as reported in a prior statement. Interest in leveraged space industry products has risen alongside expectations for SpaceX’s potential public debut.

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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