ProShares prepares to launch unique Short Ether Strategy ETF By Cointelegraph


ProShares introduced a trio of Ether (ETH) futures exchange-traded funds (ETFs) in recent weeks, and the fund’s latest offering — the Proshares Short Ether Strategy ETF (SETH) — is set to start trading in November.

The ETF is scheduled for listing on the NYSE Arca exchange and aims to achieve daily investment outcomes that mirror the inverse of the daily S&P CME Ether Futures Index performance, according to a filing made on Friday, Oct. 13.

Screenshot of the ProShares SETH filing. Source: United States Securities and Exchange Commission