• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
ProShares to debut short Ether ETF in november

ProShares to debut short Ether ETF in november

user avatar

by Liza Tanasova

2 years ago

In November, ProShares plans to introduce the ProShares Short Ether Strategy ETF (SETH). This ETF, one of three Ethereum futures exchange-traded funds (ETFs) offered by ProShares, is intended to mirror the daily performance of the S&P CME Ether Futures Index by performing the opposite.

Even though it doesn't directly short Ether, it hopes to make money when the price drops. SETH is expected to list on the NYSE Arca exchange on October 15, and trading is anticipated to start early the following month. The U.S. Securities and Exchange Commission recently approved the first Ethereum futures ETFs, which led to this action.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

BlockDAG Presale Approaches End with Strong Demand

chest

The presale for BlockDAG is nearing its conclusion, having raised over $435 million from more than 312,000 holders, with a total supply cap of 50 billion tokens.

user avatarLi Weicheng

Massive PYUSD Transfer Shakes Cryptocurrency Market

chest

A significant transfer of nearly 200 million PYUSD from Paxos to an unknown wallet has raised questions about market implications.

user avatarAisha Farooq

Stage X Million Airdrops Enhance Noomez NNZ Presale

chest

Each stage of the Noomez presale concludes with a verified Stage X Million Airdrop event, where one eligible wallet receives a reward equal to the stage number in millions of NNZ tokens.

user avatarTenzin Dorje

Noomez NNZ Implements Locked Liquidity for Investor Trust

chest

Noomez NNZ has implemented strict liquidity and trust mechanisms to ensure investor confidence.

user avatarBayarjavkhlan Ganbaatar

Ledger CTO Warns Bitcoin Must Prepare for Quantum Threats

chest

Ledger CTO warns that Bitcoin must prepare for potential threats from quantum computing.

user avatarMohamed Farouk

Other Crypto Projects Also Targeted by Scammers

chest

Other major crypto projects like Binance and Shiba Inu are facing increased phishing scams, urging users to remain vigilant.

user avatarAyman Ben Youssef

Important disclaimer: The information presented on the Dapp.Expert portal is intended solely for informational purposes and does not constitute an investment recommendation or a guide to action in the field of cryptocurrencies. The Dapp.Expert team is not responsible for any potential losses or missed profits associated with the use of materials published on the site. Before making investment decisions in cryptocurrencies, we recommend consulting a qualified financial advisor.