ProShares Launches XRP and Solana Leveraged ETFs, Offering 2x Daily Returns

ProShares launched two new cryptocurrency ETF products on Tuesday – the ProShares Ultra Solana ETF and the ProShares Ultra $XRP ETF, which are designed to provide investors with two times the daily return of the underlying assets. These ETFs have begun trading on the New York Stock Exchange, but do not directly invest in $XRP and Solana cryptocurrencies. (Decrypt) [Odaily Planet Daily News]