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ProShares integrates Bitcoin in ETFs for MAJOR indices

ProShares plans to launch three ETFs that will use Bitcoin futures contracts to deliver returns priced in Bitcoin. By taking long positions in traditional indices like the S&P 500 and hedging against the US dollar, these funds aim to reduce currency fluctuation risks.

To comply with U.S. Tax regulations, ProShares will allocate up to 25% of each fund’s assets in subsidiaries based in the Cayman Islands. This structure supports their goal to retain regulated investment company status while integrating Bitcoin more heavily into traditional investment products.

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