ProShares Launches 2x Leveraged ETFs for Solana & XRP

ProShares has expanded its crypto ETF lineup with the launch of two 2x leveraged ETFs — one for $SOL and one for $XRP

🔹 SLON: Targets 200% of Solana’s daily performance

🔸 UXRP: Tracks 200% of XRP’s daily move

Both #ETFs are futures-based, not spot-backed — just like their $BTC (BITO) and $ETH (EETH) ETFs

ProShares CEO Michael Sapir said these products are designed to simplify leveraged exposure to two major blockchain networks often cited for their speed and utility.