ProShares launches ETF 'ProShares Ultra CRCL' to track Circle stocks

On August 7th, exchange traded fund provider ProShares announced the launch of the ETF "ProShares Ultra CRCL" that tracks Circle stocks. It is reported that this is the first ETF product launched by ProShares that tracks a single stock. Data shows that since its listing on the New York Stock Exchange in June this year, Circle's market value has grown nearly fivefold.