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
US Labor Department changes tune on crypto in 401(k) plans
Share link:In this post: The US Department of Labor reversed an earlier guidance that discouraged retirement managers from considering crypto as an investment option in 401(k) plans. The government’s stance is now fully neutral, meaning plan providers can offer digital asset exposure. The SEC will hold a major “Emerging Trends in Asset Management” conference on June 5.
Cardano News Today: XRP DeFi on Cardano? Hoskinson Teases Game-Changing Move
The Broken Promise of DeFi
Toncoin Soars Amid Telegram Musk xAI Deal, $1.5 Billion Bond Sale Report
Trending news
MoreCrypto prices
More
