ChainCatcher news, according to Jinshi reports, ProShares Bitcoin Strategy ETF rose by 1.9%, and iShares Bitcoin Trust rose by 1.9%.

ChainCatcher news, according to Jinshi reports, ProShares Bitcoin Strategy ETF rose by 7.3%, and iShares Bitcoin Trust increased by 7%.In addition, the cryptocurrency sector in the US stock market saw a broad increase, with Bit Digital rising over 17%, Canaan Creative and MARA Holdings up more than 15%, and Riot Platforms and MicroStrategy nearly 10%.

ChainCatcher news, pre-market data for US stocks shows that ProShares Bitcoin Strategy ETF is up 6.1% in pre-market, and iShares Bitcoin Trust is up 6.6% in pre-market. (Jin Shi)

ChainCatcher news, according to Jinshi reports, market data shows that the ProShares Bitcoin Strategy ETF and the iShares Bitcoin Trust both rose over 2% today.Among them, the ProShares Bitcoin Strategy ETF increased by 2.3%, and the iShares Bitcoin Trust rose by 2.1%.

ChainCatcher news, according to Jinshi reports, market data shows that the ProShares Bitcoin Strategy ETF fell by 17.5%, and the iShares Bitcoin Trust fell by 17.7%.

ChainCatcher news reports that on July 17, the U.S. Securities and Exchange Commission approved two spot Ethereum ETFs—Grayscale Ethereum Mini Trust and ProShares Ethereum ETF—to be listed on the Arca electronic trading platform of the New York Stock Exchange (NYSE). After the related 19b-4 form applications were approved, the NYSE facilitated the trading of these funds. However, before the spot products can officially start trading, the issuers must still wait for the final opinions on the respective S-1 applications for the ETFs.A Grayscale spokesperson stated in a statement, "Grayscale is pleased to announce that the SEC has approved the 19b-4 form for the Grayscale Ethereum Mini Trust. The Grayscale team will continue to engage in constructive dialogue with SEC staff, and we are seeking comprehensive regulatory approval for the U.S. spot Ethereum ETP."

ChainCatcher news, according to CryptoSlate, ProShares submitted an S-1 registration statement for a spot Ethereum ETF on June 11. According to the document, Coinbase Credit will serve as the company's trading credit lender, allowing it to borrow Ethereum (ETH) and cash in certain trades exceeding the trading balance. BNY Mellon will act as the transfer agent, handling subscription and redemption orders and maintaining ownership records of the fund. Additionally, BNY Mellon will serve as the manager and cash custodian, Coinbase Custody will act as the Ethereum custodian, Coinbase Inc. will be the primary execution agent, Delaware Trust Company will act as the trustee, and ProShare Capital Management will serve as the issuer.

ChainCatcher news, according to Cointelegraph, in a document dated June 10, the U.S. SEC stated that NYSE Arca has proposed a rule change to allow the listing and trading of the ProShares Ethereum ETF.The SEC indicated that it will solicit public comments on the ETF application within 21 days of publication in the Federal Register and will approve, deny, or extend its decision timeline within 45 days.It is reported that on May 23, the SEC officially approved the 19b-4 filings submitted by eight asset management companies, with final approval requiring the SEC to sign the spot S-1 registration statement before trading can officially begin. This process may take several months, but some experts expect it to be completed sometime in July.

ChainCatcher news, ProShares has submitted a 19b-4 form to the U.S. Securities and Exchange Commission (SEC), planning to list and trade an Ethereum spot ETF on the New York Stock Exchange (NYSE).

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.

ChainCatcher news, ETF provider ProShares today announced that Steve Munroe has joined the company as Managing Director and Chief Marketing Officer. Munroe will be based at the company's New York City office in Hudson Yards, reporting directly to ProShares CEO Michael L. Sapir and joining the company's management team.It is reported that prior to joining ProShares, Munroe was with Global X, where he served as Head of Marketing since 2015, overseeing initiatives to drive growth of the company's ETF product line in the U.S., Europe, and other regions. Before joining Global X, Mr. Munroe held marketing and research positions at Liberty Mutual Insurance and Kantar (formerly MaPS).

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.

ChainCatcher news, according to a report by CoinDesk, since the U.S. began trading the spot Bitcoin ETF (Exchange-Traded Fund), the trading volume of the ProShares Bitcoin Strategy ETF (BITO) has plummeted by 75%.BITO is a futures-based ETF, and since the U.S. listed the spot Bitcoin ETF on January 11, its trading activity has significantly cooled down. On January 11, BITO's trading volume on the New York Stock Exchange reached a record $2 billion, but by Thursday, the trading volume was just over $500 million. Meanwhile, BITO experienced a net outflow of over $270 million during this period.

ChainCatcher news, ProShares' Bitcoin Strategy ETF (BITO) reached an asset under management (AUM) of $1.47 billion this week, setting a new high since December 2021.

ChainCatcher news, according to Reuters, ProShares announced on Thursday that the company is launching the first ETF that allows investors to short Ethereum. The ProShares Short Ethereum Strategy aims to provide the opposite daily performance of the S&P CME Ethereum Futures Index.In other words, if the index falls by 1%, the ETF will seek a return of 1%. Like other cryptocurrency ETFs, the new product is linked to Ethereum futures contracts rather than the spot price of the tokens.

ChainCatcher news, Bloomberg ETF analyst Eric Balchunas posted on social media that the ProShares Bitcoin Futures ETF (BITO) had a trading volume of $1.7 billion last week, marking the second-largest trading week since its launch; GBTC had a trading volume of $800 million last week.

According to ChainCatcher news, ProShares' Bitcoin Strategy ETF (BITO) had a trading volume of 36.92 million shares, approximately four times the average daily trading volume, according to Nasdaq data. In addition, ProShares' Short Bitcoin Strategy ETF (BITI) also reached a trading volume of 4.373 million shares, the highest level since August 29.

ChainCatcher news, according to market data, Proshares Bitcoin Strategy ETF is up over 8% in pre-market trading, currently quoted at $17.36.

ChainCatcher news, Bloomberg ETF analyst James Seyffart tweeted that ProShares' short Ethereum futures exchange-traded fund (ETF) has become effective on October 15 and will be launched in early November.Previous news, James Seyffart stated on social media that ProShares will launch the short Ethereum futures ETF (Short Ether Strategy ETF), which may start trading on October 16 (next Monday) under the ticker SETH.

ChainCatcher news, Bloomberg ETF analyst James Seyffart posted on social media that ProShares will launch a short Ethereum futures ETF (Short Ether Strategy ETF), which is expected to start trading on October 16 (next Monday), with the ticker SETH.