ProShares UltraShort Bitcoin ETF — new fund registration

PROSHARES TRUST registered 5 new fund series on Form 485APOS, filed 2024-01-16. Featured series: ProShares UltraShort Bitcoin ETF.

Registration

Registrant / trust: PROSHARES TRUST
CIK: 0001174610
Form: 485APOS
Filed: 2024-01-16
State of incorporation: DE
Accession: 0001683863-24-000107
Reported net assets: $203.7M

Series & classes (5)

Series	Class	Ticker	New
ProShares UltraShort Bitcoin ETF	ProShares UltraShort Bitcoin ETF	SBIT	Yes
ProShares ShortPlus Bitcoin ETF	ProShares ShortPlus Bitcoin ETF	ETHD	Yes
ProShares Short Bitcoin ETF	ProShares Short Bitcoin ETF	—	Yes
ProShares Plus Bitcoin ETF	ProShares Plus Bitcoin ETF	ETHT	Yes
ProShares Ultra Bitcoin ETF	ProShares Ultra Bitcoin ETF	BITU	Yes

Fees (from the effective prospectus)

Gross expense ratio: 0.95%
Management fee: 0.95%
Other expenses: 0.00%

Investment objective

ProShares UltraShort Bitcoin ETF (the Fund) seeks daily investment results, before fees and expenses, that correspond to two times the inverse (-2x) of the daily performance of the Bloomberg Bitcoin Index (the Index).

Advisers

PROSHARE ADVISORS LLC (Advisor)