ProShares Ultra CRCL ETF aims to deliver 2x daily performance of Circle's Class A common shares, providing amplified exposure for investors bullish on Circle's stock.
Bitwise files for CRCL Option Income Strategy ETF, a covered call product selling call options on CRCL stock holdings to generate income and offer downside protection.
Both ETFs, effective from August 20, 2025, anticipate strong market interest in Circle's stock and its connections to stablecoin and digital payments ecosystem.
Circle, known for USDC stablecoin, sees institutional interest in tokenization and crypto-focused fintech firms entering traditional markets, prompting ETF filings just days after market debut.