ProShares Launches Leveraged Solana and XRP ETFs in U.S.

  • ProShares has launched two new crypto exchange-traded funds (ETFs) in the U.S., offering leveraged exposure to Solana (SOL) and XRP. The ProShares Ultra Solana ETF (SLON) and the ProShares Ultra XRP ETF (UXRP) aim to deliver twice the daily performance of their respective cryptocurrencies through regulated futures contracts rather than directly holding the tokens.