Summary: ProShares launched two exchange-traded funds that seek to deliver 2x returns on t

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News: Both funds track futures contracts rather than holding the underlying tokens, mirroring the structure ProShares uses for its Bitcoin and Ethereum offerings. Cover art/illustration via CryptoSlate. Image includes combined content which may include AI-generated content. ProShareslaunched two exchange-traded funds(ETFs) that seek to deliver 2x returns on the daily price movement ofSolana(SOL) andXRP,

1 – Overview | Introduction “I believe in cryptocurrencies because they allow us all our lives — both real time and virtual -to be ourselves.” ~ Mike Hearn , former CTO at Goldman Sachs who cofounded Solano after founding SLCY as an investment advisor

Source: https://cryptoslate.com/proshares-debuts-2x-leveraged-daily-exposure-to-solana-and-xrp-in-new-etfs/

Summary: ProShares launched two exchange-traded funds that seek to deliver 2x returns on t

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