Procure Space ETF

UFO

Market cap $500M

One of the hottest themes in investing this year has been Space. Partly due to its tie-in with the broader Defense theme, and more recently, thanks to investor excitement over the upcoming SpaceX IPO, space investing as a thematic opportunity has been capturing attention and investor dollars.

Milestone underscores growing investor demand for exposure to the rapidly expanding space economy Levittown, Pennsylvania--(Newsfile Corp. - April 16, 2026) - Procure Space ETF ®  (NASDAQ: UFO), the world's first exchange-traded fund focused exclusively on the global space industry, announced that it has surpassed $500 million in assets under management (AUM), coinciding with the fund's seven-year anniversary.1 Since its launch in 2019, UFO has provided investors with targeted access to a dynamic and fast-evolving sector that includes satellite communications, Earth observation, launch services, and space-based infrastructure. The fund's growth to over half a billion dollars in AUM reflects increasing recognition of the space economy as a critical and investable frontier.

Andrew Chanin, CEO of ProcureAM, breaks down why a potential SpaceX IPO could reshape both the space industry and U.S. equity markets. He examines how an unprecedented valuation may force index rule changes, drive renewed interest across the space sector, and spark consolidation as firms compete for strategic dominance.

Key Takeaways While many investment strategies struggled to bring in results in March, space companies did rather well and are continuing to in April. The Procure Space ETF (UFO) is reporting significant year to date returns, propelled by strong underlying stock picking from its respective index.

The debate over whether artificial intelligence has entered bubble territory has reached a fever pitch. For this edition of Bull vs Bear, writers Nicholas Peters-Golden and DJ Shaw discuss the disconnect between infrastructure spending and software revenue.

Global markets wrestled with volatility during the month of March, but a distinct pocket of strength emerged in the Procure Space ETF (UFO). The fund saw certain key constituents deliver strong returns during a month when investors sought shelter in safe haven assets.

The S&P 500 is down roughly 3% year-to-date while the Procure Space ETF (NYSEARCA:UFO) is up nearly 28% over the same stretch. That gap tells you exactly what UFO is: a high-octane sector bet on the commercialization of space, not a portfolio stabilizer.

Levittown, Pennsylvania--(Newsfile Corp. - April 7, 2026) - ProcureAM is excited to share that the world's first pure-play ETF, the Procure Space ETF ® (NASDAQ: UFO), can now be traded on Coinbase. UFO will be available to customers in the United States 24 hours a day, 5 days a week.

UFO returned 66.36% in 2025 while the S&P 500 gained a fourth of that. With a SpaceX IPO looking increasingly likely before year-end, the question is whether the fund can repeat that performance in 2026 — and whether investors understand what they're actually buying.

SpaceX could be the catalyst for a surge as the U.S. IPO market eyes a comeback. ETFs like FPX, IPO and IPOS offer an easy way to gain exposure.