Northwire Canada EditionSaturday, July 11, 2026
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GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0% GLDN 0.055 +0.0% BRON 0.040 +0.0% BTO 5.43 −0.7% ESK 0.365 −2.7% AUMN 0.275 +0.0% GGX 0.040 +0.0% S 0.155 +29.2% NNX 0.035 +0.0% ABX 51.90 −0.6% TTS 2.40 −4.0% FCI 0.400 −9.1% GR 0.075 +0.0% AII 23.38 +12.4% TUNG 1.72 +1.8% LGO 1.01 −2.9% EMM 0.080 +0.0%
Financings Routine +

Tradr Brings Double Long and Short Leverage to SpaceX

Expanding leveraged ETF lineup with dual SpaceX products ahead of high-profile IPO

By The Northwire Desk — AI Analysis Jun 15, 2026 · 06:46 SPCG NaN
Executive Summary
  • Tradr ETFs announced the launch of two Cboe-listed leveraged ETFs: SPCM (2x long) and SPCG (2x short), both tracking SpaceX stock (Nasdaq: SPCX).
  • Trading begins June 15, 2026, coinciding with SpaceX's anticipated public market debut.
  • The funds target sophisticated and active traders, utilizing a daily reset structure that magnifies daily performance but introduces compounding risk over longer periods.
  • Tradr will ring the Cboe Opening Bell to mark the launch, highlighting the funds as part of its existing portfolio of 65 leveraged ETFs managing over $7 billion in AUM.
  • Risk disclosures emphasize that adverse daily moves exceeding 50% in the underlying security could result in total loss, and performance may diverge significantly from the benchmark over multi-day periods.
Material Impact
  • The launch is a product expansion rather than a strategic pivot or fundamental business shift.
  • Revenue impact will be incremental, driven by management fees and potential trading volume, but is unlikely to move the needle materially against a $7 billion existing AUM base.
  • The move capitalizes on anticipated retail and professional interest in SpaceX's IPO, aligning with Tradr's established niche of high-volatility, single-stock leveraged products.
  • No change to core operations, capital structure, or long-term growth trajectory is indicated.
SPCG · Price
Company Overview
  • Tradr ETFs is an exchange-traded fund provider specializing in leveraged and inverse daily products.
  • The firm currently manages over $7 billion in AUM across 65 funds, targeting active traders and sophisticated investors.
  • The company has a track record of launching sector-specific and single-stock leveraged products, recently expanding into the space and aerospace theme with SpaceX-linked offerings.
  • Distribution is handled by ALPS Distributors, Inc., and products are listed on Cboe.
Read the original news release →

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