Core Viewpoint - Tuttle Capital Management is launching the Tuttle Capital Space Industry Income Blast ETF (CBOE: SPCI), which aims to provide investors with exposure to the space industry while generating regular income through a systematic options overlay strategy [1][12]. Group 1: Fund Overview - SPCI is designed to offer full participation in the performance of space industry companies via the Syntax Space Industry Index, while also generating income for investors [2][12]. - The fund will be actively managed and aims to achieve approximately 100% exposure to the Syntax Space Industry Index, which includes companies involved in GPS, satellite operations, and launch services [5][12]. - The fund carries a management fee of 0.99% and will be listed on the Cboe Exchange [12]. Group 2: Investment Strategy - The fund employs two complementary strategies: achieving exposure to the Syntax Space Industry Index and generating income through a put credit spread strategy [4][6]. - The exposure strategy includes using equity positions, exchange-traded call options, and synthetic long positions to approximate the index's performance [5]. - The income generation strategy involves selling near-the-money put options while purchasing out-of-the-money put options to hedge against downside risks, with the net premium supporting income objectives [6][10]. Group 3: Market Context - The launch of SPCI comes at a time of significant growth in the space economy, driven by increased government investment, private launch activities, and commercial satellite deployments [2]. - The Syntax Space Industry Index measures the performance of companies significantly involved in space-related activities, including both "pure-play" and "non-pure-play" companies [8][10]. Group 4: Representative Holdings - The fund's investment universe includes notable companies such as Rocket Lab, AST SpaceMobile, Iridium Communications, Intuitive Machines, Viasat, and Planet Labs, which represent various segments of the space economy [13].