SpaceX Drops in Nasdaq 100 Debut: What SPCX Says About Passive Buying Risk

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6.8% drop on SPCX’s Nasdaq-100 debut shows how $4.3B of passive demand met a tiny float. Why index effects misfire, and how to trade these flows in stocks and crypto.

Market at publication: BTC $64,059 · ETH $1,777 · Fear & Greed 23