UFO ETF Hits $1 Billion In AUM As Wall Street Hunts For SpaceX Proxy Trades - Procure Space ETF (NASDAQ:U

UFO ETF Hits $1 Billion In AUM As Wall Street Hunts For SpaceX Proxy Trades - Procure Space ETF (NASDAQ:U

Procure Space ETF (UFO) surpassed $1B AUM while Tema Space Innovators ETF (NASA) reached $1.27B in just 37 trading days, both driven by investor demand for SpaceX proxy exposure ahead of its anticipated IPO. With direct SpaceX access unavailable to public-market investors, space ETFs and adjacent names (ASTS, RKLB, LUNR) are becoming the default liquid gateway to satellite broadband and launch infrastructure — a theme shifting from speculative to structural infrastructure bet.