CoinDesk reports that ETF provider ProShares has announced the launch of two Ethereum-linked ETFs: ETHT and ETHD. ProShares Ultra Ether ETF (ETHT) aims to achieve a daily return rate of 2 times that of Ethereum, while ProShares UltraShort Ether ETF (ETHD) will be the first product of its kind to be listed in the United States, with a target daily return rate of -2 times that of Ethereum. Both ETFs are expected to be listed on the New York Stock Exchange on Friday, June 7th.
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CoinDesk reports that ETF provider ProShares has announced the launch of two Ethereum-linked ETFs: ETHT and ETHD. ProShares Ultra Ether ETF (ETHT) aims to achieve a daily return rate of 2 times that of Ethereum, while ProShares UltraShort Ether ETF (ETHD) will be the first product of its kind to be listed in the United States, with a target daily return rate of -2 times that of Ethereum. Both ETFs are expected to be listed on the New York Stock Exchange on Friday, June 7th.