ERShares Private-Public Crossover ETF is trading 1.7% higher today as growth and technology stocks stage a sharp recovery amid a broader risk-on move in major U.S. indices.
- The fund is benefiting from renewed optimism regarding its significant SpaceX exposure and positive sentiment surrounding potential crossover/IPO activity.
- Recent attention to the size and expansion of the fund's private stake in SpaceX has provided additional support for the share price as investors rotate back into growth-oriented assets.