ProShares will launch two Ethereum leveraged ETFs

ChainCatcher news, ETF provider ProShares announced the launch of two Ethereum-linked ETFs: ETHT and ETHD. The goal of ProShares Ultra Ether ETF (ETHT) is to achieve twice the daily return rate of Ethereum, while ProShares UltraShort Ether ETF (ETHD) will be the first such product listed in the United States, aiming for -2 times the daily return rate of Ethereum. Both ETFs are expected to be listed on the New York Stock Exchange on Friday, June 7th.