ProShares Launches Double-Leveraged Circle ETF, Offering Twice the Returns of Shares

Two new exchange-traded funds (ETFs) are set to launch on August 20, 2025, offering investors exposure to the burgeoning crypto and fintech sector. ProShares will launch its Ultra CRCL ETF with a 2x leverage approach, aiming to double daily returns based on Circle’s (CRCL) stock performance. Bitwise, meanwhile, plans to launch the CRCL Income ETF employing a covered call strategy. This marks a significant move for investors seeking direct exposure to the company’s growth.