Circle Stock Fuels ETF Filing Wave After Market Debut

Following its recent public listing, Circle’s stock has sparked interest from investors seeking amplified exposure through ETFs. The ProShares Ultra CRCL ETF, for instance, aims to deliver 2x the daily performance of Circle’s Class A shares, offering double the returns if the stock rises. Meanwhile, Bitwise filed for the CRCL Option Income Strategy ETF, a covered call product that generates income by selling call options on Circle’s stock holdings. This strategy protects against downside risk while providing an attractive yield in volatile market conditions.