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Defiance’s 2x Long SpaceX ETF began trading on 2026-06-16 under ticker $SPCU.

Brief

Defiance’s 2x Long SpaceX ETF (ticker SPCU) began trading on 2026-06-16. The ETF targets 200% of SpaceX’s daily percentage change and resets leverage each trading day, meaning it aims to deliver twice the stock’s single-day moves but is designed and rebalanced for daily, not long-term, performance.

Why it matters

Defiance’s 2x Long SpaceX ETF began trading on 2026-06-16 under ticker $SPCU.

Key details

  • The fund seeks 200% of the daily percentage change of SpaceX stock and resets its leverage every trading day (daily-reset 2x leveraged ETF).
Source evidence

DUDE.

Exec Sum (@exec_sum)

NEWS: Defiance’s 2x Long SpaceX ETF $SPCU began trading today

The fund seeks 200% of the daily percentage change of SpaceX stock, reset every trading day

— https://nitter.net/exec_sum/status/2066587613809549652#m