ProShares and Bitwise File for ETFs Tracking Circle Stock

According to BlockBeats, Bloomberg's senior ETF analyst Eric Balchunas has revealed that ProShares and Bitwise have submitted applications to the U.S. Securities and Exchange Commission (SEC) for ETFs that track Circle stock. The proposed ETFs are named ProShares Ultra CRCL ETF and Bitwise CRCL Option Income Strategy ETF. The trading symbols for these ETFs are yet to be determined, and they are expected to become effective on August 20.