Leverage Shares 2X Short SpaceX Daily ETF rStock RSSPC
RSSPC
8.680
$
0.00 %
Change 24h
Market Cap
$ 4815.6
Volume 24h
$ 178.90
Circulating Supply
555
Total Supply
555
RSSPC
$
| # | Exchange | Pair | Price | Volume 24h |
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Description
This fund, issued by Leverage Shares, is an innovative leveraged inverse exchange-traded fund. It utilizes sophisticated financial derivatives to seek daily investment results that correspond to negative two times (-2x) the daily performance of SpaceX in public or specific tracking markets (or tracking its private value/related space asset index). Since SpaceX is a private company, the fund short-sells by proxy via listed related assets or specialized public tracking indexes. It offers professional investors with high risk tolerance a short-term, highly leveraged trading tool to hedge commercial aerospace sector risks or directly bet against valuation bubbles of the space exploration giant.