ProShares cancels certain highly leveraged ETF plans after SEC review stops
ProShares Withdraws Leveraged ETF Application Amid Regulatory Concerns Dec 4 – ProShares has pulled its application to register several highly leveraged exchange-traded funds (ETFs) after receiving a warning from U.S. securities regulators regarding potential risk exposure. This decision follows the suspension of reviews for similar plans. The warning, sent to nine ETF providers including Direxion […]
Breaking: SEC Approves April 30 Launch for XRP ETF by ProShares Trust – U.Today
The SEC has officially set the effective date as of April 30, 2025 as the green light for ProShares Trust to advance its XRP ETF offering. According to Newly submitted form N-1AStartup covers multiple XRP-centric ETFs. Registration update specifies that the fix specifies a new effective date for previously submitted fixes for ProShares Ultrashort XRP […]