Mar. 6 at 5:11 PM
$DXYZ is slowly fading, and the main culprit? Their heavy bet on SpaceX.
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Investors aren’t going to settle for a proxy fund when the real deal comes—SpaceX IPO shares will grab all the attention. Right now,
$DXYZ has 16% of its fund parked in SpaceX (per their website), but once the IPO hits, that proxy edge evaporates.
Traders: this is a classic “timing vs exposure” story. Big potential, but fading until the market decides if proxies still matter. Keep your eyes peeled.
