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coinpedia 2023-11-02 14:03:08

ProShares Launches the First ETF for Investors Betting Against Ethereum!

The post ProShares Launches the First ETF for Investors Betting Against Ethereum! appeared first on Coinpedia Fintech News ProShares has launched the world’s first ETF (Exchange Traded Fund) that enables investors to take a bearish stance on Ethereum (ETH). The ProShares Short Ether Strategy is designed to provide the opposite of the daily performance of the Standard & Poor’s CME Ether Futures Index. Put simply, if the index plunges 1%, the ETF will …

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