SpaceX ETF Race Heats Up, Direxion Among First To Roll Out 2X Bull Fund

Following SpaceX's blockbuster IPO debut, Direxion has launched the Direxion Daily SpaceX Bull 2X ETF (LOFF), a leveraged single-stock ETF providing 2x daily exposure to SpaceX shares. Multiple other providers including ProShares, GraniteShares, REX Shares, Leverage Shares, and Defiance ETFs are also rolling out similar SpaceX-linked leveraged products, intensifying competition in the growing single-stock ETF market.