Cboe Canada lists Purpose SpaceX Yield Shares ETF

TORONTO — Cboe Canada Inc. (“Cboe Canada”) today announces the listing of the Purpose SpaceX (SPCX) Yield Shares ETF, following the landmark initial public offering of Space Exploration Technologies Corporation (“SpaceX”) on June 12, 2026. This newest ETF in the Purpose Investments Yield Shares suite is now available for trading under the ticker symbol SPXY. SpaceX, the aerospace and technology company founded by Elon Musk, has captured the imagination of investors worldwide. SPXY, now gives Canadians a first-of-its-kind, income-generating avenue to participate – not just
through price appreciation, but through a yield-focused structure designed to generate monthly income from the position. “This is exactly the kind of listing that demonstrates the power of innovation in the Canadian ETF market,” said Joacim Wiklander, CEO of Cboe Canada. “Canadians have been eager for access to SpaceX, and we’re proud that Cboe Canada is bringing that opportunity to market. This launch reinforces our commitment to providing investors with access to compelling and forward-looking investment products.” Purpose Investments is one of Canada’s leading asset
managers and a pioneer in single-stock and thematic ETF strategies. The firm has consistently pushed boundaries to bring differentiated products to Canadian investors. “SpaceX going public is a highly anticipated, generational event and we wanted to ensure Canadians could participate in a way that’s both accessible and built for long-term investors,” said Nick Mersch, Portfolio Manager at Purpose Investments. “The Yield Shares structure allows investors to gain exposure to SpaceX while generating monthly income, combining one of the world’s most exciting growth stories with the
kind of income-oriented approach Canadian investors know and value. We’re excited to bring this to market on Cboe Canada.” Investors can trade shares of SPXY through their usual investment channels, including discount brokerages and full-service dealers. To explore all listed securities on Cboe Canada, click here. Cboe Canada continues to attract innovative ETF and public company issuers by offering a streamlined listing process, competitive fee structure, and access to a diverse and engaged investor base. The exchange is home to ETFs from Canada’s most reputable
asset managers, leading Canadian and international growth companies, and an expansive suite of Canadian Depositary Receipts (CDRs). Cboe Canada consistently facilitates close to 15% of all trading volume in Canadian listed securities. About Cboe Canada Cboe Canada is Canada’s senior stock exchange providing a best-in-class listing experience for issuers that are shaping the economies of tomorrow. Fully operational since 2015, Cboe Canada lists companies and investment products seeking a robust and internationally recognized platform that enables investor trust, quality liquidity, and broad awareness including unfettered
access to market data. Connect with Cboe Canada: Website | LinkedIn | X About Purpose Investments Purpose Investments Inc. is an asset management company with more than $31 billion in assets under management. Purpose Investments has an unrelenting focus on client-centric innovation and offers a range of managed and quantitative investment products. Purpose Investments is led by well-known entrepreneur Som Seif and is a division of Purpose Unlimited, an independent technology-driven financial services company. Connect with Purpose: Website | LinkedIn | X View source version
on businesswire.com: https://www.businesswire.com/news/home/20260615879951/en/ Cboe Canada Media Contact: media@cboe.ca
Cboe Canada, Purpose Investments, SpaceX, SPXY, Yield Shares ETF, SPCX, Toronto ETF listing
So SPXY is basically SpaceX dividends? Finally something actually paying me lol.
I feel like this is just another way to milk Elon. Yield Shares sounds nice but I’m sure it’s not real income or whatever. Monthly income?? sounds too good for Canada ETFs.
Wait, is this ETF only for Canadians or can US people buy it too? Also I thought SpaceX IPO was already like years ago, maybe I’m mixing it up with something else.
Cboe Canada listing SPXY… okay but what happens when SpaceX stock drops every month like everything else. They say “yield-focused structure” but that could mean they just take your money and call it income. I don’t really trust ETFs tied to one company, seems risky and kinda weird.