--- title: "Wall Street's Next ETF Arms Race May Be About SpaceX — And Cerebras Just Showed The Blueprint" type: "News" locale: "en" url: "https://longbridge.com/en/news/286603891.md" description: "The launch of leveraged ETFs linked to Cerebras Systems Inc shortly after its IPO suggests a potential race for similar funds tied to SpaceX. Analysts indicate that the rapid rollout reflects a growing competition among issuers to capitalize on investor interest in high-volatility trades, particularly in sectors like AI and space exploration. With SpaceX's anticipated IPO, the demand for related ETFs is expected to surge, prompting issuers to act quickly to capture retail investor enthusiasm." datetime: "2026-05-15T18:29:28.000Z" locales: - [zh-CN](https://longbridge.com/zh-CN/news/286603891.md) - [en](https://longbridge.com/en/news/286603891.md) - [zh-HK](https://longbridge.com/zh-HK/news/286603891.md) --- # Wall Street's Next ETF Arms Race May Be About SpaceX — And Cerebras Just Showed The Blueprint The launch of leveraged ETFs tied to newly public AI chipmaker **Cerebras Systems Inc** (NASDAQ:CBRS) may be signaling something much bigger brewing on Wall Street: a looming race to launch leveraged funds tied to **SpaceX**. ETF issuer Leverage Shares rolled out the **Leverage Shares 2X Long CBRS Daily ETF** (BATS:CBRG) just one day after Cerebras debuted on Nasdaq — a turnaround that Bloomberg ETF analyst **Eric Balchunas** described as a new record for the time between an IPO and a leveraged ETF launch. **Read Also: SpaceX Starship Rocket Launch Could Spark Next Space ETF Rally** ## **SpaceX May Be The Real Story** Bloomberg ETF analyst **James Seyffart** suggested on X that the Cerebras launch could serve as a test case for how quickly leveraged SpaceX ETFs may eventually hit the market, underscoring how aggressively issuers are moving to capitalize on investor demand for speculative, high-volatility trades. > The 2x Cerebras ETF really launched this morning — Ticker $CBRG. CBRS started trading at 1pm yesterday and we have a 2x ETF trading at 9:30 am the following morning. Crazy fast turnaround. Will likely see the same sort of turnaround for levered SpaceX, Anthropic, OpenAI etc pic.twitter.com/Tex9imIrep > > — James Seyffart (@JSeyff) May 15, 2026 The quick move suggests issuers are increasingly competing on "speed-to-market" around buzzy names linked to artificial intelligence, defense, crypto and space exploration. That race may already be underway for **SpaceX**, the most anticipated IPO of 2026. Earlier this year, **Tuttle Capital Management** and **REX Shares** filed for leveraged ETFs tied to **SpaceX** and AI startup **Anthropic** ahead of any public offering, according to Reuters. The filings highlighted growing expectations that a future SpaceX IPO could unleash one of the largest waves of retail trading activity Wall Street has seen in years. ## **ETF Issuers Are Racing To Capture Retail Mania** Investor appetite for SpaceX exposure has already begun spilling into ETFs that hold private-market stakes or companies tied to the broader space economy. Funds such as the **ARK Space & Defense Innovation ETF** (BATS:ARKX) and **Procure Space ETF** (NASDAQ:UFO) have frequently been viewed by retail traders as proxy bets on the space sector amid ongoing speculation surrounding a potential SpaceX listing. Meanwhile, the rapid launch of leveraged Cerebras products underscores how single-stock ETFs have evolved from niche trading tools into one of the ETF industry's fastest-growing and most competitive corners. Issuers have increasingly rolled out leveraged and inverse products tied to volatile names such as **NVIDIA Corp** (NASDAQ:NVDA), **Tesla Inc** (NASDAQ:TSLA) and **Palantir Technologies Inc** (NASDAQ:PLTR) as retail demand for amplified exposure continues to surge. If SpaceX eventually goes public, analysts expect the scramble to launch related ETFs could move even faster. **Read Also: Cathie Wood's SpaceX Thesis Lands As Pentagon UFO Files Renew Buzz Around Space ETFs** ### Related Stocks - [CBRS.US](https://longbridge.com/en/quote/CBRS.US.md) - [NASA.US](https://longbridge.com/en/quote/NASA.US.md) - [ARKK.US](https://longbridge.com/en/quote/ARKK.US.md) - [OpenAI.NA](https://longbridge.com/en/quote/OpenAI.NA.md) - [ARKX.US](https://longbridge.com/en/quote/ARKX.US.md) - [UFO.US](https://longbridge.com/en/quote/UFO.US.md) - [NVDA.US](https://longbridge.com/en/quote/NVDA.US.md) - [TSLA.US](https://longbridge.com/en/quote/TSLA.US.md) - [PLTR.US](https://longbridge.com/en/quote/PLTR.US.md) - [NVD.DE](https://longbridge.com/en/quote/NVD.DE.md) ## Related News & Research - [The SpaceX IPO Could Be the Biggest in a Decade. Here's How to Get In Early.](https://longbridge.com/en/news/285589017.md) - [Leverage Shares by Themes Follows Cerebras Systems IPO with Introduction of New 2X Single-Stock ETF: CBRG](https://longbridge.com/en/news/286571697.md) - [The AI Boom Needs Real Assets to Survive. This ETF Lets You Profit From Both.](https://longbridge.com/en/news/286113679.md) - [1 Rapidly Deteriorating ETF Screams That ‘Shop ‘Til You Drop’ Americans Have All But Keeled Over](https://longbridge.com/en/news/286429552.md) - [Space stock ETFs are suddenly hot. Only 1 owns SpaceX before the IPO.](https://longbridge.com/en/news/285890643.md)