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Circle stocks will welcome two ETFs: ProShares is launching a 2x leveraged ETF, and Bitwise is introducing a Covered Call strategy.
On June 9, news came that Circle Internet Group (CRCL), which just went public last Thursday, will welcome two ETFs based on its stock: ProShares plans to launch a 2x leveraged Ultra CRCL ETF, while Bitwise plans to launch a CRCL Income ETF primarily based on a Covered Call strategy. Both are expected to take effect on August 20, 2025.