SPCX.TO is trading 3.2% up today as the ETF rebounds from earlier selling, driven by ongoing index and ETF allocation flows following the SpaceX IPO and confirmed index inclusions.
- The recovery follows sharp selling earlier in the week tied to the SpaceX IPO and the subsequent re-pricing of SpaceX-linked products.
- Gains are further supported by a broadly positive equity tape and improved consumer sentiment in the U.S.