The highly anticipated initial public offering of Elon Musk’s SpaceX is creating ripple effects far beyond the aerospace sector, potentially reshaping capital flows across ETFs as investors raise cash to participate in what could become the largest IPO in history.

• iShares Bitcoin Trust stock is trading at depressed levels. Where is IBIT stock headed?

SpaceX is expected to debut with a valuation of roughly $1.75 trillion and has reportedly reserved as much as 30% of shares, or $22.5 billion worth of stock, for retail investors.

That unusually large retail allocation has fueled expectations that investors may sell other speculative assets, including cryptocurrencies and related…

Read more on Benzinga