🚀 #ProShares Launches Ultra #ETFs for $XRP and $SOL
📌 American exchange-traded fund (ETF) issuer ProShares has announced the launch of two new crypto ETFs:
* Ultra XRP ETF (UXRP) — with 2x daily leverage to the price of XRP.
* Ultra Solana ETF (USOL) — a similar product for Solana.
* Both funds aim to double the daily movement of the underlying asset.
* Important: High level of risk due to leverage.
💬 Another step towards expanding crypto products in traditional markets.