SpaceX setting aside up to 30% of IPO shares for retail investors could prompt investors to exit crypto assets like Bitcoin and Ethereum.

"Selling flows in recent winners and levered products from retail to invest in SpaceX could be very large."

SpaceX plans to allocate 30% of its IPO to retail investors, drawing tens of thousands of European registrations and reviving public market enthusiasm.

The impending IPO of SpaceX is poised to shake up the cryptocurrency landscape. Investors are diversifying their portfolios, redirecting funds into promising artificial…