SETH Provides Investors With Opportunity to Profit on Days When Ether Drops
BETHESDA, Md.–(BUSINESS WIRE)–ProShares, the global leader in crypto-linked ETFs, announced today the launch of ProShares Short Ether Strategy ETF (SETH), the world’s first short ether-linked ETF. SETH provides investors an opportunity to profit from declines in the price of ether.
“SETH is designed to address the challenge of acquiring short exposure to ether, which can be onerous and expensive,” said ProShares CEO Michael L. Sapir. “With today’s launch of SETH, ProShares now offers investors opportunities to profit both on days when ether increases and when it drops—all through the convenience of a traditional brokerage account,” Mr. Sapir added.
SETH joins ProShares’ comprehensive lineup of crypto-linked ETFs. In 2021, ProShares launched BITO, the first U.S. bitcoin-linked ETF, which has become the largest crypto-linked ETF in the world. Subsequently, ProShares launched BITI, the fir
We współpracy z: https://thenewscrypto.com/proshares-launches-worlds-first-short-ether-linked-etf/
