ProShares to Launch Two Ethereum Leveraged ETFs
ETF provider ProShares announced that it will launch two Ethereum-linked ETFs: ETHT and ETHD. The goal of ProShares Ultra Ether ETF (ETHT) is to provide twice the daily Ethereum return rate, while ProShares UltraShort Ether ETF (ETHD) will be the first product of its kind to be listed in the United States, with a goal of providing a daily Ethereum return rate of -2 times. Both ETFs are expected to be listed on the New York Stock Exchange on Friday, June 7.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Drop in Bitcoin dominance and bullish altcoin market structure have traders predicting altseason
Metaplex unveils indexing and data availability network for Solana
BREAKING: Important Development – Surprise Altcoin Announces It Raised 100 Million Dollars
Is Bitcoin's Rise Real? Analyst Makes Reference to 2021, Announces New ATH Prediction!
The analyst stated that when Bitcoin's ATH level in 2021 is adjusted for inflation, its new ATH level in 2024 corresponds to $83,000.
Trending news
MoreCrypto prices
More
