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Market Cap$ 2.99T-2.66%
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ETH Gas1.17 Gwei
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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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by The Daily Hodl
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 Record Largest Inflow Since January With $936 Million Funds Influx
Bitcoin ETFs experienced a historic surge, drawing in $936 million, their largest sin...
Apr, 23, 2025
by Bitcoin News
Bitcoin Rises as BlackRock, Fidelity, Ark, Bitwise and Other Whales Continue BTC Accumulation Spree
Bitcoin (BTC) has tagged the $91,500 level for the first time since March 7th as inst...
Apr, 22, 2025
2 min read
by The Daily Hodl