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.
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