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Bloomberg Analyst: LeverageShares to Launch 3x Leveraged SpaceX ETF This Week

2026-06-10 14:31

Bloomberg Senior ETF Analyst Eric Balchunas stated on X that LeverageShares will launch a 3x leveraged SpaceX ETF this Friday. The USD share trades under the ticker $ELON, while the GBP share trades under $MUSK. Additionally, the firm will simultaneously launch a 3x leveraged SK Hynix ETF and a 3x leveraged DRAM ETF, covering currently popular market targets. These products are designed for investors with a higher risk tolerance, offering opportunities for short-term amplified returns while also carrying high volatility risk.