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ProShares launches 2x leveraged ETF tracking Circle stock price CRCA
According to a report by The Block, fund issuer ProShares has launched the Ultra CRCL ETF (ticker CRCA), which is a 2x leveraged ETF providing exposure to Circle Internet Group stocks. Circle is the issuer of the world's second-largest stablecoin USDC. This single stock leveraged fund began trading on August 6 on the NYSE Arca, with a net asset value of $25 per share and a gross expense ratio of 1.08%.