Mirae Asset allows SpaceX subscription withdrawals and discloses listing rules
Mirae Asset Securities has 2026-06-10 allowed SpaceX subscribers to exercise a withdrawal right because trading is unavailable on the listing day and selling is restricted for two days after listing. Some individuals are selling Bitcoin and shifting the funds to SpaceX and OpenAI subscriptions.
Mirae Asset Securities announced that it would allow 2026-06-10 SpaceX subscribers to exercise a withdrawal right. The announcement stated that trading would be unavailable on the listing day and selling would be restricted for two days after listing. It said that subscriptions could be canceled for those reasons.
Several securities firms explained that buying at market prices immediately after the opening carries significant risks due to price fluctuations. They advised that some products include “space” in their names but differ in their underlying composition and management methods. Investors were advised to check the product composition and trading rules in advance.
Some individual investors sold virtual assets such as Bitcoin and shifted funds to subscriptions related to SpaceX and OpenAI. There have been reports that funds are flowing out of cryptocurrencies. It was reported that this movement of funds is being reflected in subscription demand.
Mirae Asset’s other exchange-traded fund, the “Hyundai Motor Group Plus ETF,” has seen its net assets increase 8fold since the beginning of the year. The inflow of funds into the ETF is said to reflect interest from some investors. The asset manager explained that the assets to which investors are exposed differ by product.
The SpaceX listing was 2days away as of the announcement, with the scheduled date being 2026-06-12. Brokerage firms advised that prices could fluctuate significantly immediately after listing because of liquidity and the method of trade execution. Some brokerages introduced investor-protection measures, including allowing subscription withdrawals.
In connection with this announcement, investors are repeatedly being advised to check the subscription rules and restrictions on trading after listing in advance. It was explained that the conditions and schedules for withdrawing subscriptions may differ by broker. Investors were advised to first check the announcement from the securities firm through which they subscribed.