ProShares Announces Launch of Ether ProFund (ETHFX)
March 4, 20253 min
ProShares today announced that its mutual fund affiliate, ProFunds, has launched the Ether ProFund (ETHFX). ETHFX is the first U.S. mutual fund to target the performance of ether, the world’s second-largest cryptocurrency and the native currency of the Ethereum platform. This launch follows the success of the Bitcoin ProFund (BTCFX), the first and only U.S. mutual fund targeting the performance of bitcoin, which has grown to nearly $500 million in assets.1 ETHFX provides a convenient...
