TechFlow, July 16 — According to Decrypt, ProShares launched two new cryptocurrency ETF products on Tuesday: the ProShares Ultra Solana ETF and the ProShares Ultra XRP ETF. These products aim to deliver twice the daily return of their underlying assets. The ETFs have begun trading on the New York Stock Exchange but do not directly invest in XRP or Solana cryptocurrencies.
ProShares CEO Michael L. Sapir said, "As cryptocurrencies gain broader adoption, investors are turning to platforms like Solana and XRP for investment opportunities in next-generation blockchain technology."




