BlockBeats news, on August 7, according to The Block, the fund issuer ProShares launched the Ultra CRCL ETF (ticker CRCA), which is a 2x leveraged ETF providing investment exposure to Circle Internet Group stocks. Circle is the issuer of USDC, the world's second largest stablecoin.
The single stock leveraged fund began trading on August 6 on the NYSE Arca, with a net asset value of $25 per share and a gross expense ratio of 1.08%.