Defiance ETFs to Launch SPCU, The 2X SpaceX ETF, as the SpaceX (SPCX) IPO Nears

Defiance ETFs announced the pending launch of SPCU, a daily-reset 2X leveraged ETF providing synthetic exposure to SpaceX's daily price movements through swaps and options. Designed exclusively for active traders, the fund will launch on June 15, 2026, on the NYSE and does not provide direct ownership of SpaceX shares. The product carries significant risks including leverage magnification, daily compounding effects, and counterparty risk.