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ProShares Introduces First Bitcoin ETF To Target 2x Daily BTC Return

source-logo  coingape.com 02 April 2024 17:05, UTC

ProShares, a leading ETF provider, has unveiled two major offerings in the crypto ETF arena. It launched the ProShares Ultra Bitcoin ETF (BITU) and the ProShares UltraShort Bitcoin ETF (SBIT). These funds mark a significant milestone in the world of crypto investment and will provide investors with unprecedented access to leveraged and exposure to Bitcoin.