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ProShares plans CoinDesk 20 ETF to track leading digital currencies
ProShares has filed with the U.S. Securities and Exchange Commission (SEC) to launch a new exchange-traded fund (ETF) that tracks major cryptocurrencies, including Bitcoin, Ethereum, XRP, and Solana. The proposed fund, known as the ProShares CoinDesk Crypto 20 ETF, aims to mirror the performance of the CoinDesk 20 Index through regulated financial instruments such as swaps and derivatives. ProShares Seeks SEC Approval for CoinDesk 20 ETF ProShares submitted an application to the SEC for approval of the CoinDesk 20 ETF. The fund is designed to reflect the market performance of the top 20 cryptocurrencies ranked by ... (full story)
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