The SpaceX leveraged ETF saw trading volume exceed $1 billion on its first day, with LeverageShares leading the trading volume charts.
CoinFeed reported on June 16th that Bloomberg ETF analyst Eric Balchunas stated that SpaceX-related 2x leveraged ETFs saw a total trading volume exceeding $1 billion on their first day of trading. LeverageShares' product alone accounted for approximately $281 million, setting a new record for first-day ETF trading volume since the launch of the Bitcoin ETF IBIT, surpassing the performance of ETHA and DRAM. The analysis indicates that a total of 11 leveraged ETFs tracking SpaceX were launched simultaneously. Even the product with the lowest trading volume still achieved approximately $26 million on its first day, far exceeding the level where $1 million is considered a "successful" first-day trading volume for traditional ETFs, demonstrating strong retail investor demand for leveraged SpaceX assets.