First Trust Launches Space Economy ETF Targeting Industry Leaders

First Trust has launched the First Trust Bloomberg Space Economy UCITS ETF (FSPC), listed on the London Stock Exchange and Borsa Italiana with a 0.65% fee. The ETF tracks the Bloomberg Space Economy Index and invests in up to 50 leading global companies tied to the space economy, selected by Bloomberg Intelligence and ranked according to revenue exposure and competitive positioning. The launch reflects growing investor interest in the sector as falling launch costs and advances such as reusable rockets improve the commercial outlook for space-related businesses.