The fund, listed on NYSE Arca, provides 200% daily long exposure to the share price of SpaceX.

Rex Shares and Tuttle Capital Management have broadened their single-stock leveraged exchange-traded fund (ETF) product suite with the launch of the T-Rex 2X Long SpaceX Daily Target ETF (SPAX). SPAX has been listed since 15 June on NYSE Arca  SPAX provides 2x (200%) daily long exposure to the share price of Space Exploration Technologies Corp (SpaceX), offering investors to take short-term bullish position on SpaceX, following its record initial public offering (IPO). SpaceX is a Texa