Bloomberg analyst: Multiple SpaceX ETFs trade over $100 million, may take 1-2 weeks to see market pattern Odaily Planet Daily reported that Eric Balchunas, a senior ETF analyst at Bloomberg, stated in an article on X platform that the trading of SpaceX leveraged ETFs continues to heat up, with a cumulative turnover of over 3 billion US dollars, a significant increase from about 1 billion US dollars the previous day, and the market shows a trend of "comprehensive capital influx". The current market can almost be described as' total feeding frenzy ', and it has been stated that the previous doubts about whether the market has sufficient trading demand to support multiple leveraged ETFs with the same underlying asset have been overturned by market data. Eric Balchunas added that at present, almost all similar ETF products have reached or exceeded a scale of $100 million, indicating that market demand far exceeds expectations. Among them, the daily trading volume of SPCH reached about $1.3 billion, setting a record for the highest trading volume in ETF history on the second day of listing, and even exceeding the previous IBIT level of about $500 million for the same period. Although LeverageShares leads in trading volume, SPCF (ProShares) has shown stronger performance in net subscriptions, recording an inflow of approximately $184 million, while the second highest product only received about $45 million. All products recorded positive inflows, with an overall net inflow of approximately $308 million. However, it will still take one to two weeks to see the final concentration pattern of funds.