🔴 ERShares Private-Public Crossover ETF is trading 1.8% down today on SpaceX-linked profit-taking after the IPO surge

ERShares Private-Public Crossover ETF is trading at $19.60 (-1.8%) as investors lock in gains on SpaceX-linked crossover exposure following the recent IPO surge.

• The fund is heavily exposed to private-public growth names, seeing a cooling of enthusiasm after a significant run-up in valuation.
• The downward move appears fund-specific rather than a market-wide selloff, as broader markets remained firmer during the session.