Tema ETFs Space Innovators ETF Surges to $2.6B in Assets on SpaceX IPO Anticipation

GateNews
SPCX3.28%

According to BlockBeats, on May 30, the Space Innovators ETF launched by Tema ETFs attracted significant retail inflows ahead of SpaceX's anticipated IPO. The fund, which launched on March 30, reached $1 billion in assets within just 37 trading days and has since surged to over $2.6 billion by week's end.

The fund directly holds SpaceX private shares, comprising approximately 7.5% of its portfolio and providing retail investors exposure to SpaceX ahead of its public offering. Tema ETFs founder Maurits Pot stated the fund will not sell its SpaceX position following the IPO and will only revalue holdings at market prices.

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