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Leveraged and inverse SpaceX ETFs debut tomorrow, Nate Geraci predicts
Nate Geraci reports that 2x leveraged and inverse SpaceX exchange-traded funds are launching tomorrow.
He mentions that issuers are ready and predicts massive trading volume for these products.
Geraci has previously noted that active fund managers critical of SpaceX’s addition to indexes are likely to buy the stock regardless, continuing so-called closet indexing in a prior analysis. He has also drawn attention to concerns about a potential market bubble following a Barrons cover story on chip sector leaders earlier this year. These observations frame his ongoing coverage of new investment products tied to high-profile companies.
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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