On Friday, ProShares rolled out two ETFs offering 2x leveraged and 2x inverse exposure to the performance of ether, respectively. The ProShares Ultra Ether ETF (NYSE Arca: ETHT) and ProShares UltraShort Ether ETF (ETHD). ETHT has an expense ratio of 0.94%, while ETD charges 1.01%. Both funds are tied to the performance of the Bloomberg Ethereum Index. ETHT doubles whatever the index returns on a given day, and ETHD provides the inverse of that. “These new ETFs are designed to address the challenge of acquiring leveraged or short exposure to ether, which can be onerous and expensive,” said Michael Sapir, CEO of ... (full story)