ProShares Ultra CRCL

CRCA

Market cap $129M

SpaceX will be risky enough. But new ETFs that give leveraged exposure to the stock on the long or short side are on the way.

BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of ETFs, announced today reverse share splits on two of its ETFs, CRCA and ZSL.

On October 10, 2025, the crypto markets experienced a “flash crash” that caused bitcoin to erase this year's gains and drop 30% from its peak.

2025 has so far been a big year for leveraged ETFs. I wrote a research note on leveraged ETFs earlier this year (read more here) where I discussed some trends in the leveraged ETF market.

BETHESDA, Md.--(BUSINESS WIRE)--ProShares today announced the launch of ProShares Ultra CRCL (NYSE: CRCA)—the first and only ETF designed to target 2x the daily returns of Circle.