PrivateExposure ETF ERshares offers XOVR, a liquid ETF that combines public and private equity exposure, presenting a sales angle to advisors seeking accessible pre-IPO style opportunities for retail clients.

SpaceX and Anduril XOVR's substantial SpaceX exposure via a SPV and additional holdings like Anduril indicate a track record of attracting high-profile private-equity-like positions through an ETF wrapper, suggesting potential cross-sell to growth and tech-focused portfolios.

Nasdaq Relaunch Relauched on Nasdaq in August 2024, XOVR signals renewed distribution potential and heightened visibility, offering SDs a refreshed product to present to clients exploring innovative ETF constructs.

No Fees on SPV The SpaceX SPV within XOVR has no management fee and no carried interest, a compelling differentiator that can be highlighted to clients seeking cost-efficient, high-conviction private exposure options.

Market Positioning With a history of delivering pre-IPO exposure and evolving holdings, ERShares targets retail access to private-market opportunities, creating a sales narrative around democratized access and niche thematic investing.