• Dapps:16.23K
  • Blockchains:78
  • Active users:66.47M
  • 30d volume:$303.26B
  • 30d transactions:$879.24M
ProShares has submitted a request to register five new Bitcoin ETFs

ProShares has submitted a request to register five new Bitcoin ETFs

user avatar

by Max Nevskyi

2 years ago

ProShares has submitted a request to the U.S. Securities and Exchange Commission (SEC) for the registration of five new Bitcoin ETFs. Among them, there are both leveraged and reverse funds.

The list is as follows:

  1. ProShares Plus Bitcoin ETF - A fund tracking the Bloomberg Galaxy Bitcoin Index with a leverage of 1.5x.
  2. ProShares Ultra Bitcoin ETF - A similar product with some differences in terms and a leverage of 2x.
  3. ProShares UltraShort Bitcoin ETF - A reverse fund tracking the Bloomberg Galaxy Bitcoin Index with a leverage of 2x.
  4. ProShares ShortPlus Bitcoin ETF - A reverse fund based on the same index but with a leverage of 1.5x.
  5. ProShares Short Bitcoin ETF - A reverse fund without leverage.

It's important to note that none of these products directly invest in Bitcoin.

A reverse ETF changes its value in proportion to the price of the underlying asset. On the other hand, leveraged ETFs are structured to increase daily returns through borrowed funds without the risk of position liquidation.

Previously, ProShares also launched a reverse exchange-traded fund based on Ethereum and manages one of the oldest and largest Bitcoin futures ETFs, BITO, with assets exceeding $2 billion.

0

Rewards

chest
chest
chest
chest

More rewards

Discover enhanced rewards on our social media.

chest

Other news

Future Outlook for Canadian Dollar Dependent on Central Bank Policies

chest

The future trajectory of the Canadian Dollar will largely depend on the monetary policies of the Bank of Canada and the US Federal Reserve.

user avatarNguyen Van Long

KBRA Highlights Ripple's Capital Strength in Ratings Rationale

chest

KBRA highlighted Ripple's strong capital position and profitability in its ratings rationale.

user avatarEmily Carter

Ripple Prime Achieves Investment-Grade Ratings from KBRA

chest

Ripple Prime, the institutional prime brokerage arm of Ripple, has received investment-grade issuer ratings from KBRA, highlighting its strong capital position.

user avatarFilippo Romano

International Maritime Organization Reports on Attacks and Stranded Seafarers

chest

On April 2, 2026, the International Maritime Organization (IMO) confirmed 21 attacks on commercial ships since February 28, resulting in 10 fatalities among seafarers. Approximately 20,000 civilian seafarers are stranded in the Persian Gulf due to the escalating crisis.

user avatarTomas Novak

Dash Maintains Strong Payment Infrastructure Narrative

chest

Dash's strong history as a digital cash asset and its competitive features like InstantSend and PrivateSend maintain its relevance in the payments-focused crypto segment.

user avatarLeo van der Veen

Verge's Privacy Focus Attracts Speculative Interest

chest

Verge's privacy-oriented transaction model attracts interest from traders valuing anonymity, showing increased activity without erratic spikes.

user avatarKaterina Papadopoulou

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.