ProShares Bitcoin & Ether Strategy ETF — new fund registration

PROSHARES TRUST registered 1 new fund series on Form 485APOS, filed 2023-08-02. Featured series: ProShares Bitcoin & Ether Strategy ETF.

Registration

Registrant / trust: PROSHARES TRUST
CIK: 0001174610
Form: 485APOS
Filed: 2023-08-02
State of incorporation: DE
Accession: 0001683863-23-005816
Reported net assets: $12.2M

Series & classes (1)

Series	Class	Ticker	New
ProShares Bitcoin & Ether Strategy ETF	ProShares Bitcoin & Ether Strategy ETF	BETH	Yes

Fees (from the effective prospectus)

Gross expense ratio: 1.00%
Management fee: 0.95%
Net expense ratio: 0.95%
Other expenses: 0.05%

Investment objective

ProShares Bitcoin & Ether Market Cap Weight ETF (the Fund) seeks investment results, before fees and expenses, that correspond to the performance of a market-capitalization weighted basket of bitcoin and ether. The Fund currently seeks to achieve this objective primarily through investments in bitcoin and ether futures contracts. The Fund does not invest directly in bitcoin or ether.

Advisers

PROSHARE ADVISORS LLC (Advisor)