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ProShares will launch two Ethereum leveraged ETFs

ETF provider ProShares has announced that it will launch two Ethereum-linked ETFs: ETHT and ETHD. The ProShares Ultra Ether ETF (ETHT) targets 2x daily Ethereum returns, while the ProShares UltraShort Ether ETF (ETHD) will be the first of its kind to list in the US, targeting 2x daily Ethereum returns. Both ETFs are expected to list on the New York Stock Exchange on Friday, June 7.