ProShares: Launches First ETF Tracking 2x Daily Bitcoin Returns
ChainCatcher news, ETF provider ProShares announced the launch of the ProShares Ultra Bitcoin ETF (BITU), the first ETF product designed to track a 2x daily return target for Bitcoin.
At the same time, ProShares also launched the ProShares UltraShort Bitcoin ETF (SBIT), the first ETF that tracks a -2x daily return target for Bitcoin.
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