ProShares ETF gives investors twice as much as Circle's share price

ProShares ETF gives investors twice as much as Circle's share price

Bitwise and ProShares File Competing ETFs as Circle Stock Soars

Two major ETF issuers, Bitwise and ProShares, have submitted applications to the U.S. Securities and Exchange Commission (SEC) to launch ETFs based on Circle (CRCL), following the stablecoin giants explosive IPO. Circle, which recently went public at $31 per share, has seen its stock nearly quadruple, surging another 9% in volatile trading today. ProShares, well-known for its leveraged ETF products, is aiming to launch the ProShares Ultra CRCL E…

ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge – MAXBIT

ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as...

CRCL Stock Surges 17% As Bitwise, ProShares File Bold Circle ETFs

Circle stock jumped 17% after ETF filings stirred fresh momentum Bitwise targets income generation with CRCL covered call ETF ProShares targets 2x daily return on Circle stock with new ETF Bitwise and ProShares have filed new ETF applications based on the performance of Circle stock CRCL. The move follows an increase in Circle’s market activity after its recent IPO. If approved, the ETFs will be introduced on August 20, 2025. Recent IPO Circle …

ProShares, Bitwise race to launch CRCL ETFs, targeting August debut amid stock price surge - Coin Surges

ProShares Trust and Bitwise each filed preliminary prospectuses with the Securities and Exchange Commission (SEC) on June 6 for exchange-traded funds (ETF) designed to track Circle’s CRCL shares. The ProShares Ultra CRCL ETF is a 2x leveraged product that seeks to deliver twice the daily move in CRCL by utilizing swaps and other derivatives, as stated in the Form N-1A registration. Bitwise’s CRCL Option Income Strategy ETF proposal would hold th…

ProShares, Bitwise seek SEC approval for ETFs tracking Circle stock

The approval of these ETFs could enhance investor access to crypto-related equities, potentially boosting market liquidity and innovation. The post ProShares, Bitwise seek SEC approval for ETFs tracking Circle stock appeared first on Crypto Briefing.