US EditionProShares Debuts 'Ultra CRCL' ETF, Letting Traders Double Down on Circle Stock
4 Articles
4 Articles
ProShares Debuts 2x Leveraged ETF for Circle Stock - Crypto Economy
TL;DR ProShares has launched the Ultra CRCL ETF (CRCA), which tracks twice the daily performance of Circle stock and trades on NYSE Arca. Circle is currently trading near $154, up 400% from its IPO price, though it has dropped 25% in the past month and remains well below its $299 all-time high. In addition to issuing USDC, Circle offers payment APIs, a cross-chain transfer protocol, and is developing a unified liquidity service for businesses. …
ProShares launches a new ETF that offers an exposure with a 2x leverage to the daily performance of Circle shares. The bottom comes right when the stablecoins begin to enjoy regulatory clarity in the U.S. *** ProShares launches a new ETF with 2x leverage to Circle performance. It offers exposure to the stablecoins business at a key time. Stablecoins begin to enjoy regulatory clarity for the first time in the U.S. Circle shares have skyrocketed a…
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