Roundhill has launched the Roundhill S&P 500 Target 10,000 2030 ETF, trading under the ticker XX, according to a post on X by Bloomberg ETF analyst Eric Balchunas. The fund is designed to give investors long-term leveraged exposure to the S&P 500 Index through the purchase of long-dated call options. Its target strike is tied to the S&P 500 reaching 10,000 in January 2030. The structure is also intended to avoid the volatility drag associated with daily reset products, a feature that sets it apart from traditional leveraged ETFs that rebalance every day. The launch was disclosed on the day the product began trading.
Roundhill has launched the Roundhill S&P 500 Target 10,000 2030 ETF, ticker XX, according to a post on X by Bloomberg ETF analyst Eric Balchunas.
The ETF buys long-dated call options to provide investors with long-term leveraged exposure to the S&P 500 Index, or SPX. Its target strike is based on the index reaching 10,000 in January 2030, and the product is structured to avoid the volatility drag that comes with daily resets.
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