Space exchange-traded funds are seeing massive investor interest. New funds are launching rapidly, attracting billions in new investments. This boom is fueled by the upcoming SpaceX IPO and a broader belief in the growth of the space economy. Investors are eager to capitalize on this emerging sector. Several new ETFs have already gathered significant assets, with more expected soon.

Investors are piling into space-focused ETFs and individual stocks as broader interest in the sector builds alongside massive hype around the SpaceX IPO.

Seven space-focused ETFs have collectively attracted $1.3 billion in new cash over the past month, pushing total assets in the sector to $3.3 billion