ProShares Trust - ProShares UltraShort Bitcoin ETF

ProShares Trust - ProShares UltraShort Bitcoin ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in currency and fixed income markets of the United States. For its currency portion, it invests through derivatives in bitcoins. For its fixed income portion, it invests in U.S. treasury bills and money market instruments. It employs short position and uses derivatives such as swaps to create its portfolio. It seeks to track -2x the daily performance of Bloomberg Galaxy Bitcoin Index. ProShares Trust - ProShares UltraShort Bitcoin ETF was formed on April 2, 2024 and is domiciled in the United States.