ProShares Introduces Leveraged ETF Targeting Circle’s 2x Daily Stock Returns
Posted On August 7, 2025
ProShares announced the launch of a leveraged ETF on Thursday, offering targeted exposure to the daily performance of Circle Internet Group (NYSE:CRCL). This marks a new step in the evolution of crypto-linked exchange-traded products.
The fund, trading on the NYSE under the ticker CRCA, is designed to deliver 2x the daily returns of Circle stock, offering investors a new way to express a bullish view on the stablecoin issuer.
Circle, known for operating one of the world’s largest stablecoin platforms, went public in June and has seen its market capitalization climb nearly fivefold since its debut. …
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