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ProShares launches short Ether ETF
Nov, 02, 2023
< 1 min read
by Forkast
Maryland-based fund manager ProShares announced the launch of a short Ether-linked exchange-traded fund on Thursday.
See related article: SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Fast Facts
- ProShares Short Ether Strategy ETF (SETH) will start trading on the New York Stock Exchange ARCA under the ticker symbol SETH.
- The new ETF will allow investors to profit from Ether’s price drops.
- ProShares launched a Bitcoin-linked short ETF in the U.S. in June 2022.
- The firm also launched one of the first Bitcoin-linked ETFs in the U.S., the Bitcoin Strategy ETF (BITO) in October 2021.
- Ether fell 0.26% in the hour after the announcement, to US$1,831 as of 9:30 p.m. in Hong Kong, according to CoinMarketCap.
See related article: SBF examined over “cozy relationship” with Bahamian government in fraud trail
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ProShares launches short Ether ETF
Nov, 02, 2023
< 1 min read
by Forkast
Maryland-based fund manager ProShares announced the launch of a short Ether-linked exchange-traded fund on Thursday.
See related article: SBF trial enters final stage; Bankman-Fried lied about spending customer funds, prosecutors say in closing arguments
Fast Facts
- ProShares Short Ether Strategy ETF (SETH) will start trading on the New York Stock Exchange ARCA under the ticker symbol SETH.
- The new ETF will allow investors to profit from Ether’s price drops.
- ProShares launched a Bitcoin-linked short ETF in the U.S. in June 2022.
- The firm also launched one of the first Bitcoin-linked ETFs in the U.S., the Bitcoin Strategy ETF (BITO) in October 2021.
- Ether fell 0.26% in the hour after the announcement, to US$1,831 as of 9:30 p.m. in Hong Kong, according to CoinMarketCap.
See related article: SBF examined over “cozy relationship” with Bahamian government in fraud trail
Read More
Bitcoin ETFs Post $216 Million Net Inflow as Blackrock Offsets Outflows From Fidelity and Ark 21shares
Bitcoin exchange-traded funds (ETFs) notched their seventh straight day of inflows, c...
Jun, 18, 2025
by Bitcoin News
Bitcoin ETFs Attract $412 Million Inflow While Ether ETFs Rebound With $21 Million Uptick
Bitcoin ETFs continued their bullish momentum with a $412.2 million net inflow, exten...
Jun, 17, 2025
by Bitcoin News