ProShares Launches 2x Leveraged ETF Tracking Circle Stock Price CRCA

BlockBeats News, August 7th. According to The Block, fund issuer ProShares has launched the Ultra CRCL ETF (ticker: CRCA), a 2x leveraged ETF that provides exposure to Circle Internet Group stock. Circle is the issuer of the world's second-largest stablecoin, USDC.

This single-stock leveraged fund started trading on NYSE Arca on August 6th, with a net asset value of $25 per share and a gross expense ratio of 1.08%.