ProShares will launch two leveraged Ethereum ETFs

ChainCatcher news, ETF provider ProShares announced the launch of two Ethereum-linked ETFs: ETHT and ETHD. The ProShares Ultra Ether ETF (ETHT) aims for 2x the daily Ethereum return, while the ProShares UltraShort Ether ETF (ETHD) will be the first of its kind to list in the United States, targeting -2x the daily Ethereum return. Both ETFs are expected to list on the New York Stock Exchange on Friday, June 7.