Latest news with #ProShares
Business Wire
4 days ago
- Business
- Business Wire
ProShares' High Income ETFs Surpass $1 Billion in Assets
BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of exchange-traded funds (ETFs), today announced that its suite of High Income ETFs has surpassed $1 billion in assets under management. 1 This milestone underscores growing investor demand for the company's differentiated income solutions. ProShares' High Income ETF lineup includes the S&P 500 High Income ETF (ISPY), Nasdaq-100 High Income ETF (IQQQ), and Russell 2000 High Income ETF (ITWO). Each fund's strategy utilizes daily call options—an innovation that ProShares pioneered with the launch of ISPY in December 2023. As a result, the products are designed to generate high income potential in the short term while offering equity upside over the long term. 'Investors looking to generate income from their portfolios often face a difficult trade-off: sacrificing upside for higher yields,' said Mo Haghbin, Managing Director and Head of Strategic ETFs at ProShares. 'Our High Income ETFs represent a compelling solution, allowing investors to pursue both their income and growth objectives.' Traditional covered call ETFs have largely focused on income generation at the expense of total return. ProShares' first-to-market approach changes that equation. As industry-wide assets in covered call ETFs exceed $100 billion, ProShares continues to lead in delivering novel solutions to the challenges commonly faced by investors. 'We appreciate the confidence that clients have placed in our strategies, helping us reach this important milestone,' added Mr. Haghbin. 'We remain committed to innovation and to providing investors with products built to meet their evolving needs.' About ProShares ProShares has been at the forefront of the ETF revolution since 2006. ProShares manages over $80 billion in assets and offers one of the largest lineups of ETFs. The company is a leader in strategies such as crypto-linked, dividend growth, high income, interest rate hedged bond, and geared (leveraged and inverse) ETF investing. ProShares continues to innovate with products that provide strategic and tactical opportunities for investors to manage risk and enhance returns. 1 ProShares first surpassed $1bn in assets in its High Income ETF suite on May 29, 2025. The Funds seek to replicate a daily covered call strategy by investing in equity securities and derivatives. The Funds do not sell (write) call options. This is not intended to be investment advice. Investing involves risk, including the possible loss of principal. These ProShares ETFs are non-diversified and entail certain risks, including risks associated with the use of derivatives (swap agreements, futures contracts and similar instruments), investments in smaller companies, imperfect benchmark correlation, and market price variance, all of which can increase volatility and decrease performance. Please see summary and full prospectuses for a more complete description of risks on There is no guarantee any ProShares ETF will achieve its investment objective. The performance of the Funds may not correspond to the performance of their respective indexes, the Funds may not be successful in generating income for investors, and the Funds may not capture returns that traditional covered call strategies may sacrifice. The S&P 500 Daily Covered Call Index replicates the performance of a covered call investment strategy that combines a long position in the S&P 500 Index with a short position in S&P 500 Index call options. The Nasdaq-100 ® Daily Covered Call Index replicates the performance of a covered call investment strategy that combines a long position in the Nasdaq-100 Index with a short position in Nasdaq-100 ® Index call options. The Cboe Russell 2000 Daily Covered Call Index replicates the performance of a covered call investment strategy that combines a long position in the Russell 2000 Index with a short position in Russell 2000 Index call options. In particular, each index is designed to replicate a daily covered call strategy that sells call options with one day to expiration each day. Each Fund intends to make distributions each month of an amount that reflects the dividends and call premium income earned by a daily covered call strategy on its index (net of expenses). There can be no guarantee that the Funds will make distributions, and the amount of such distributions, if any, may vary significantly from month to month. On 19a-1 notices, each Fund discloses the accounting source of each distribution, either net investment income or accounting return of capital. The accounting source of the distribution does not impact whether the distribution is considered to be taxable income or a tax return of capital for income tax purposes. Shares of any ETF are generally bought and sold at market price (not NAV) and are not individually redeemed from the fund. Your brokerage commissions will reduce returns. Carefully consider the investment objectives, risks, charges and expenses of ProShares before investing. This and other information can be found in their summary and full prospectuses at The S&P 500 Daily Covered Call Index is a product of S&P Dow Jones Indices LLC and its affiliates and has been licensed for use by ProShares. "S&P ®" is a registered trademark of Standard & Poor's Financial Services LLC ("S&P") and "Dow Jones ®" is a registered trademark of Dow Jones Trademark Holdings LLC ("Dow Jones") and have been licensed for use by S&P Dow Jones Indices LLC and its affiliates. ProShares have not been passed on by S&P Dow Jones Indices LLC and its affiliates as to their legality or suitability. ProShares based on the S&P 500 Daily Covered Call Index are not sponsored, endorsed, sold or promoted by S&P Dow Jones Indices LLC, Dow Jones, S&P or their respective affiliates, and they make no representation regarding the advisability of investing in ProShares. THESE ENTITIES AND THEIR AFFILIATES MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO PROSHARES. Nasdaq ®, Nasdaq-100 Index ®, Nasdaq-100 ®, NDX ®, Nasdaq-100 Daily Covered Call™ Index, NDXDCC™, Nasdaq-100 Daily Covered Call Option™ Index, NDXDCCOV™, Nasdaq-100 Daily Covered Call Income™ Index, NDXDCCI™, are registered trademarks of Nasdaq, Inc. (which with its affiliates and third party licensors is referred to as the 'Corporations') and are licensed for use by ProShare Advisors LLC. The Product(s) have not been passed on by the Corporations as to their legality or suitability. The Product(s) are not issued, endorsed, sold, or promoted by the Corporations. THE CORPORATIONS MAKE NO WARRANTIES AND BEAR NO LIABILITY WITH RESPECT TO THE PRODUCT(S). London Stock Exchange Group plc and its group undertakings (collectively, the 'LSE Group'). ©LSE Group 2024. FTSE Russell is a trading name of certain of the LSE Group companies. The 'Cboe Russell 2000 Daily Covered Call Index', and 'Russell ® ' are trademarks of the relevant LSE Group companies and are used by any other LSE Group company under license. All rights in the FTSE Russell indexes or data vest in the relevant LSE Group company which owns the index or the data. Neither LSE Group nor its licensors accept any liability for any errors or omissions in the indexes or data and no party may rely on any indexes or data contained in this communication. No further distribution of data from the LSE Group is permitted without the relevant LSE Group company's express written consent. The LSE Group does not promote, sponsor or endorse the content of this communication. ProShares are distributed by SEI Investments Distribution Co., which is not affiliated with the funds' advisor or sponsor.
Yahoo
27-05-2025
- Business
- Yahoo
Consumer confidence rises but is 'trending lower,' economist says
Consumer confidence unexpectedly jumped to 98 in May, well above forecasts of 87.1, the Conference Board reports. Eric Winograd, AllianceBernstein chief economist, joins Catalysts host Julie Hyman and ProShares global investment strategist Simeon Hyman to explain how this surprise reading contrasts with weaker trends in other surveys. To watch more expert insights and analysis on the latest market action, check out more Catalysts here. Sign in to access your portfolio
CNBC
23-05-2025
- Business
- CNBC
Bitcoin, mid-caps, and infrastructure: where the bulls are heading now
Douglas Boneparth, President at Bone Fide Wealth, and Simeon Hyman, Global Investment Strategist at ProShares, discuss market disruption, Bitcoin, tax cuts, and top equity picks.
Yahoo
22-05-2025
- Business
- Yahoo
First XRP futures ETF to launch May 22
Volatility Shares will launch an XRP futures exchange-traded fund (ETF) on May 22, Bloomberg's senior ETF analyst Eric Balchunas informed on X. It is the first 1x futures fund linked to XRP, and it will trade under the XRPI ticker, Balchunas added. "Good signal that there will be demand for this one." The fund, as part of the Volatility Shares Trust, will trade on Nasdaq, as per the post-effective amendment it filed with the Securities and Exchange Commission (SEC) on May 21. The ETF will indirectly invest in XRP futures through a wholly-owned subsidiary based in the Cayman Islands. It will invest at least 80% of the value of its net assets in XRP-linked instruments. Volatility Shares is also planning to launch the 2x XRP futures ETF that promises twice the daily price appreciation of XRP through twice leveraged exposure to XRP futures. Vermont-based Teucrium Investment Advisors already launched a 2x futures fund tied to XRP (XXRP) that gives a 2 times leveraged exposure to XRP. The fund recorded a trading volume of $5.43 million on its debut on Apr. 8 that Balchunas deemed 'very respectable.' The Teucrium fund has $120 million in assets under management and has a daily trading volume of $35 million, the analyst underlined. ProShares, a Maryland-headquartered ETF issuer, will soon launch three XRP ETFs: Ultra XRP ETF (2x leverage), UltraShort XRP ETF (inverse 2x leverage), and Short XRP ETF, as per its April 15 filing with the SEC. On May 19, the Chicago Mercantile Exchange (CME) — a leading American derivatives marketplace — also launched regulated XRP futures and micro XRP futures. Meanwhile, nine XRP-tied spot ETF applications, including one by the Wall Street giant Franklin Templeton, still lie before the SEC. Besides, Ripple's case with the SEC is still ongoing, with the court denying the settlement motion. XRP, the fourth-largest cryptocurrency, was trading at $2.36 at press time, up 0.9% a day. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Associated Press
15-05-2025
- Business
- Associated Press
XenDex Prepares to Unveil Platform as $XDX Presale Enters Final Countdown
SYDNEY, May 15, 2025 (GLOBE NEWSWIRE) -- Following the successful completion of its soft cap and an influx of thousands of early adopters, XenDex is excited to confirm that Version 1 of its all-in-one decentralized exchange (DEX) is actively in development. A first-look mockup of the platform's user interface will be revealed in the coming days, offering the community an exclusive preview of what's to come. XenDex V1 is being built as a sleek, intuitive, and beginner-friendly platform that integrates the most in-demand decentralized finance features, all designed specifically for the XRP Ledger. Key functionalities include AI-powered copy trading, non-custodial lending and borrowing, staking and yield farming, cross-chain trading, and DAO governance all seamlessly accessible from a single dashboard. Join XenDex Presale Now And here's the game-changer: Early access to XenDex V1 will be exclusively available to $XDX presale participants. Why $XDX Is Gaining Massive Traction XRP is currently experiencing renewed institutional interest following major milestones such as; SEC's withdrawal of the Ripple lawsuit, Approval of ProShares' XRP Futures ETF, Launch of Brazil's first XRP Spot ETF etc. With bullish sentiment returning to the market, analysts and speculators alike are projecting long-term targets as high as $1,000 per XRP. In this surging landscape, XenDex is emerging as the foundational DeFi layer for the XRP ecosystem, with $XDX fueling every key operation on the platform. Final Stage of Presale — Limited Supply Remaining Secure Your Tokens Now: $XDX Exchange Listings Confirmed Upon conclusion of the presale, $XDX will launch on major exchanges, including: Buy XDX on XenDex These listings are expected to boost liquidity, increase exposure, and drive global adoption. XenDex Feature Highlights Don't Miss the Launch Phase Buy $XDX On Presale With the mockup reveal imminent, the full DEX release on the horizon, and final $XDX presale tokens disappearing fast, now is the time to join us. Be among the first to use the platform. Join the DeFi revolution on XRP. Official XenDex Links Contact: Frank Richards [email protected] Disclaimer: This is a paid post provided by XenDex. The statements, views, and opinions expressed in this content are solely those of the content provider and do not necessarily reflect the views of this media platform or its publisher. We do not endorse, verify, or guarantee the accuracy, completeness, or reliability of any information presented. We do not guarantee any claims, statements, or promises made in this article. This content is for informational purposes only and should not be considered financial, investment, or trading advice. Investing in crypto and mining-related opportunities involves significant risks, including the potential loss of capital. It is possible to lose all your capital. These products may not be suitable for everyone, and you should ensure that you understand the risks involved. Seek independent advice if necessary. Speculate only with funds that you can afford to lose. Readers are strongly encouraged to conduct their own research and consult with a qualified financial advisor before making any investment decisions. However, due to the inherently speculative nature of the blockchain sector—including cryptocurrency, NFTs, and mining—complete accuracy cannot always be guaranteed. Neither the media platform nor the publisher shall be held responsible for any fraudulent activities, misrepresentations, or financial losses arising from the content of this press release. In the event of any legal claims or charges against this article, we accept no liability or responsibility. Globenewswire does not endorse any content on this page. Legal Disclaimer: This media platform provides the content of this article on an 'as-is' basis, without any warranties or representations of any kind, express or implied. We assume no responsibility for any inaccuracies, errors, or omissions. We do not assume any responsibility or liability for the accuracy, content, images, videos, licenses, completeness, legality, or reliability of the information presented herein. Any concerns, complaints, or copyright issues related to this article should be directed to the content provider mentioned above. A photo accompanying this announcement is available at
