ProShares Submits Applications for Five Leveraged Bitcoin Spot ETF
Bloomberg analyst Henry Jim stated on his social media platform that ProShares has submitted applications for five types of leveraged spot Bitcoin ETFs, namely: ProShares UltraShort Bitcoin ETF (-2 times), ProShares ShortPlus Bitcoin ETF(-1.5 times), ProShares Bearish Bitcoin ETF (-1 time), ProShares Plus Bitcoin ETF (+1.5 times), and ProShares Ultra Bitcoin ETF (+2 times). These products track the daily performance of the Bloomberg Galaxy Bitcoin Index, with stock codes/fees to be determined, tentatively effective from April 1st.
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