ProShares launches U.S. first mutual fund based on Ether ProFund (ETHFX)
According to online reports, asset management company ProShares announced the launch of the first mutual fund in the United States based on Ethereum performance through its mutual fund subsidiary ProFunds. Previously, ProShares also launched the first mutual fund based on bitcoin performance, Bitcoin ProFund (BTCFX). The current size of BTCFX is close to US$500 million. It is reported that ETHFX will invest in Ethereum futures and not directly invest in ETH.
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