SpaceX's IPO could pull billions from crypto markets as investors seek cash to buy shares. Here's which ETFs may benefit and which could face pressure.

SpaceX's $1.75 trillion IPO targets a $75 billion raise with $150 billion in demand, pressuring stock futures and spotlighting its $1.29 billion Bitcoin

SpaceX plans to raise $75 billion in its IPO at a $1.75 trillion valuation. The massive equity issuance could drain liquidity from crypto and risk assets.