ProShares abandons lineup of leveraged ETFs featuring Bitcoin, Ether, XRP, and Solana after SEC revision request
Key Takeaways
- The SEC’s recent request nixes ProShares’ push for leveraged ETFs tied to prominent stocks and crypto assets.
- The withdrawal followed a request from the SEC and no securities were sold related to the filing.
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ProShares has moved to halt its push for a lineup of leveraged exchange-traded funds that would have offered 3x daily exposure to digital assets and technology stocks,
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