⚡ ProShares Launches SETH for Institutional Short Trading
posted 2 Nov 2023
ProShares has launched the Short Ether Strategy ETF (SETH), marking the
inception of the first futures ETF facilitating traders to potentially
capitalize on dips in ETH’s price.
This
product joins the extensive cryptocurrency ETF lineup of ProShares, now
listed on the New York Stock Exchange, including BITO, BITI, EETH,
BETH, and BETE.
Michael
L. Sapir, CEO of ProShares, underscored the newly provided flexibility,
allowing investors to garner profits from both the rises and falls of
the specified cryptocurrency through standard brokerage accounts.
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