Roundhill Financial has tucked a proposed space fund into its latest filing request for a raft of eight new Exchange Traded Funds, according to SEC filing documents seen today.
Roundhill says its Space ETF will invest in between 15 and 25 space companies, weighted from small- to large-cap and based globally.
The investment firm defines “space” companies as “principally engaged in, or have a meaningful nexus to, the space industry (e.g., launch services, satellite manufacturing and operations, space infrastructure, aerospace and defence contractors, and space-enabled communications and services).”
Roundhill, well known for its innovative Metaverse ETF launched four years ago, will also launch three AI-focussed ETFs as well as one in software, one in fintech, one in defence and one in robotics.
The Space ETF will join other ETFs such as VanEck’s Space Innovators (JEDI), ProcureAM’s UFO Procure Space (UFO), Ark Investment’s ARK Space Exploration & Innovation ETF (ARKX) – the largest space ETF with $406.23m AUM as at 1 October 2025 – and SPDR State Street’s S&P Kensho Final Frontiers (ROKT).
The top ten holdings from those four ETFs are comprised of 26 companies, with only RocketLab appearing in all four; ViaSat and PlanetLabs are held by three. JEDI and UFO show the most crossover, sharing seven out of ten companies in their top holdings.
Such ETFs could be an easier way for individual investors to access space exposure than chasing individual IPO debuts in a relatively small market.
However, new access opportunities aren’t likely to change investment patterns significantly, with around 77% of all space investment still sourced from venture capital.
