ProShares Files Prospectus for Five Leveraged and Inverse Bitcoin ETFs
ProShares, a leading provider of exchange-traded funds (ETFs), has filed prospectus materials with the Securities and Exchange Commission (SEC) for five leveraged and inverse bitcoin ETFs. The move comes just days after spot bitcoin ETFs began trading and has added to the growing excitement surrounding the cryptocurrency market. The five funds, named ProShares Plus Bitcoin ETF, ProShares Ultra Bitcoin ETF, ProShares UltraShort Bitcoin ETF, Proshares Short Bitcoin ETF, and ProShares ShortPlus Bitcoin ETF, aim to provide investors with different ways to gain exposure to the performance of bitcoin.
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