ProShares launches ETF "ProShares Ultra CRCL" tracking Circle stock

On August 7, it was reported that exchange-traded fund provider ProShares announced the launch of the "ProShares Ultra CRCL" ETF, which tracks Circle stock. This is reportedly ProShares' first ETF product to track a single stock. Data shows that since its listing on the New York Stock Exchange in June this year, Circle's market capitalization has increased nearly fivefold.