ProShares Launches Short Ether-Linked ETF

ProShares recently launched the ProShares Short Ether Strategy , an ETF enabling investors to take a bearish stance on ether.A year after the fall of FTX, asset prices are rising again and the crypto industry sees fresh opportunities for growth. Coin Desk's Trading Week explores how investors are looking to get ahead and what the future holds for trading. Joining us now to discuss is Proshares global investment strategist Simeon Hyman. Welcome Simeon. Thanks for having me.

If you think about the challenging news flow, both in terms of uh the SPF trial and other challenges in the spot in the exchange market. And you think simply of rising interest rates, these were supposed to be big headwinds. And yet, of course, we've got a, a big rally. So I think uh as an indicative potentially of broadening use in general, it's interesting, but I'm not sure that's the thing to hang your hat on.

Source: News Formal (newsformal.com)

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