Will the SpaceX IPO start the ‘Superbowl’ of levered ETFs?

Summary

Todd Sohn discusses the upcoming SPACEX IPO and the simultaneous launch of multiple levered ETFs offering 2x daily exposure to SpaceX shares. He expects strong demand and sees the competing products as a test of brand loyalty among ETF providers, dubbing it the 'Super Bowl of levered ETFs.'

• SpaceX IPO will coincide with the launch of multiple levered ETF products tracking the stock.
• Todd Sohn expects high demand for these ETFs based on advertising and feedback.
• The ETFs are expected to start small but could grow in flows and impact over time.
• Multiple providers pricing similarly makes this a contest of brand loyalty.
• No specific ticker or investable product is named in the excerpt.