Space Innovators ETF crosses $1 billion in assets in 37 trading days
The Space Innovators ETF, which trades under the ticker symbol NASA, has reached over $2.6 billion in assets in just two months.
The rapid growth is attributed to retail investors seeking exposure to SpaceX ahead of its IPO.
The ETF already holds privately traded SpaceX shares directly, with SpaceX representing around 7.5% of the fund.
The fund’s founder and CEO stated that there is no plan to sell shares once the IPO occurs, considering it a remarking of the position to market price.