{"id":16492,"date":"2026-06-11T03:51:50","date_gmt":"2026-06-11T03:51:50","guid":{"rendered":"https:\/\/www.btse.com\/blog\/?p=16492"},"modified":"2026-06-11T06:49:18","modified_gmt":"2026-06-11T06:49:18","slug":"spacex-ipo-crypto-ai-stock-perpetuals","status":"publish","type":"post","link":"https:\/\/www.btse.com\/blog\/spacex-ipo-crypto-ai-stock-perpetuals\/","title":{"rendered":"How Will SpaceX Reshape the Market and Opportunities for Retail Traders? BTSE Explains"},"content":{"rendered":"

The biggest IPO in history is upon us.\u00a0\u00a0<\/span><\/p>\n

SpaceX \u2014 the rocket company that put a car in orbit and <\/span><\/span>made reusable rockets routine<\/span><\/a><\/span> \u2014 is set to begin trading on the Nasdaq under the ticker SPCX on June 12.\u00a0<\/span><\/span><\/p>\n

At a fixed price of 135 dollars per share and a valuation of about 1.77 trillion dollars, it <\/span><\/span>dwarfs every public offering<\/span><\/a><\/span> that came before it, including Saudi Aramco’s record-breaking roughly 29 billion dollar raise in 2019.<\/span><\/span><\/p>\n

For crypto traders, this moment matters more than it might seem. Here’s why \u2014 and how BTSE can help you make the most of it.<\/span><\/p>\n

A Quick Look at Crypto Embracing TradFi<\/span><\/h1>\n

What Changed This Cycle<\/span><\/h2>\n

The wall between crypto and traditional finance has been quietly dismantled over the past two years.\u00a0\u00a0<\/span><\/p>\n

It started with the <\/span><\/span>approval of the first spot Bitcoin ETFs<\/span><\/a><\/span> in January 2024, which brought pension funds, family offices, and mainstream brokerage accounts into the crypto market en masse.\u00a0<\/span><\/span><\/p>\n

Over time, spot Bitcoin products and related ETFs have attracted tens of billions of dollars in cumulative inflows, with some estimates putting total crypto ETF exposure above 100 billion dollars when including global products, reflecting how rapidly traditional capital has moved onshore into regulated vehicles.<\/span><\/p>\n

But Bitcoin didn’t just gain legitimacy; it gained correlation as it started to trade along high-beta growth stocks.\u00a0\u00a0<\/span><\/p>\n

By early 2026, multiple studies and desk analyses were highlighting that Bitcoin’s correlation with major equity benchmarks like the S&P 500 and Nasdaq-100 had risen materially, with some windows showing correlations in the 0.6\u20130.7 range. Grayscale and other research providers have previously pointed to <\/span><\/span>Bitcoin\u2013Nasdaq correlations<\/span><\/a><\/span> in the 0.4\u20130.7 band over rolling periods.<\/span><\/span><\/p>\n

In short, institutions now trade Bitcoin like a high-beta tech position. The same macro forces that drive names like Nvidia and Microsoft now move BTC, often faster and with sharper movements, especially since Bitcoin can be easily accessed around the globe, 24\/7.\u00a0\u00a0<\/span><\/p>\n

On the flip side, crypto-native traders are also moving the other way \u2014 trading U.S. AI and tech stocks with the same momentum strategies they’re using on crypto. And non-U.S.-based traders increasingly expect to access tokenized stocks and stock perpetuals from the same platforms they trade crypto.\u00a0<\/span><\/p>\n

For crypto exchanges bridging the gap, it’s less about asking “crypto vs. stocks” and more about letting users trade everything, on one platform, around the clock.<\/span><\/p>\n

Key Things to Watch for the Rest of 2026<\/span><\/h1>\n

AI and <\/span><\/span>tech stocks<\/span><\/a> have seen a tremendous rally while Bitcoin has fallen by nearly a third since the beginning of the year.\u00a0\u00a0<\/span><\/span><\/span><\/p>\n

Some are questioning its correlation with stocks and raising concerns that tech stocks are siphoning funds from the crypto sector. The size of SpaceX\u2019s IPO is massive, but will it lift other tech stocks and crypto, or take capital away from them?\u00a0\u00a0<\/span><\/p>\n

We take a deeper look below.<\/span><\/p>\n

SpaceX’s index inclusion cascade\u00a0<\/span><\/h2>\n

Effective May 1, 2026, Nasdaq <\/span><\/span>adopted<\/span><\/a><\/span> a new “fast entry” rule for the Nasdaq-100 that allows newly listed companies that rank within the top 40 by market cap to enter the index within just 15 trading days, with the previous 10% float requirement removed.\u00a0<\/span><\/span><\/span><\/p>\n

For a mega-cap like SpaceX, this means index funds tracking the Nasdaq-100 will be forced to buy SPCX, funded by mechanical selling across existing constituents like <\/span><\/span>Nvidia, Apple<\/span><\/a><\/span>,<\/span><\/span> and Microsoft \u2014 a setup that can create volatility and opportunity.<\/span><\/span><\/span><\/p>\n

Bitcoin’s reclaim of key levels \u2014 The 200-day EMA (often watched by traders around levels such as the low-70,000 dollar area in recent months) remains the primary signal for a trend reversal in many technical frameworks, with a decisive break above it historically marking transitions from corrective to impulsive phases in bull cycles.<\/span><\/p>\n

AI stock momentum<\/span><\/h2>\n

The AI infrastructure trade is far from over. Market leaders such as Nvidia, Microsoft, Alphabet (Google), Meta Platforms, and Amazon continue to drive the Nasdaq and broader AI value chain <\/span><\/span>higher<\/span><\/a><\/span>, with pullbacks increasingly treated as opportunities by long-term allocators focused on AI capex and cloud growth. While short-term there may be some volatility, these players remain the most likely long-term beneficiaries of a sustained AI rally.\u00a0<\/span><\/span><\/p>\n

Fed policy\u00a0<\/span><\/h2>\n

Both Bitcoin and tech stocks remain highly sensitive to rate expectations; prior episodes have shown that upside surprises in inflation and employment data can pressure risk assets, while dovish signals from the Fed tend to lift both equities and crypto simultaneously.<\/span><\/p>\n

What Traders Can Do<\/span><\/h1>\n

The convergence of crypto and TradFi creates a genuine alpha opportunity for retail traders who can navigate both worlds from a single platform. Options include:<\/span><\/p>\n