ProShares

Roughly 32.5 million shares of the largest US bitcoin futures ETF had traded as of 2:30 pm ET Tuesday — about four times its daily average

The fund group that launched three ether futures products earlier this month intends to launch another in November that seeks to benefit from ETH price dips

Six funds by ProShares, VanEck and Bitwise garnered than $20 million in combined assets amid an overall lower appetite in risk assets

As VanEck, Bitwise and ProShares debut ether-linked offerings, industry watchers say marketing will be a key to success

Bloomberg Intelligence analysts give ether futures ETFs a 75% chance of launching in the US this year as such proposals proliferate

The dual-crypto futures proposals come after various fund groups filed in recent days for funds that would only hold ETH futures

Several firms have sought to launch leveraged bitcoin futures products, and one such company intends to launch its proposed ETF on June 13

Increased activity came amid volatile markets as Binance revealed intention to buy FTX

Products betting against the asset helped the space’s offerings avoid a fourth straight week of outflows, according to CoinShares report

The firm’s bitcoin-linked products account for roughly $770 million in combined assets under management

Trade volumes for inverse bitcoin ETFs — which provide short exposure — are surging alongside institutional investor inflows

Four Europe-domiciled exchange-traded products by 21Shares had a total return below -40%

Products seeking the inverse performance of the S&P CME Bitcoin Futures Index are expected to list on the NYSE Tuesday

Direxion and AXS Investments follow suit after ProShares proposes ETF betting against bitcoin

The fund group’s latest planned offerings would seek inverse returns to the CME Bitcoin Futures Contracts Index

The fund group’s follow-up to its bitcoin futures ETF joins three other products in the segment

The firm’s filing comes a week after similar plans from fund titan Fidelity

Proposed fund would invest in Web3- and metaverse-focused companies, as well as GBTC

Opinion: While the metaverse is based on gaming and technology, there are too many broad technology and gaming stocks in existing metaverse indices to make them effective products. But what should be left out?

ETF will track the Solactive Metaverse Theme Index (SOMETAV) and hold Apple, Meta, Unity and Nvidia as its heaviest weightings

Proposal comes after bitcoin futures products hit market and before CME Group’s launch of micro ether futures.

Firm’s latest product also invests in equity securities of blockchain companies.

Fund group’s offering will invest in a couple dozen protocols across 13 different blockchains.

Agency’s ruling to deny the physically backed product not a surprise to many industry watchers.