ETF provider ProShares has expanded its product lineup with the launch of two ether-linked ETFs – the ProShares Ultra Ether ETF (ETHT) which targets 2x daily ether returns, and the ProShares UltraShort Ether ETF (ETHD) which targets -2x daily ether returns.

These products join ProShares’ expansive lineup of crypto-linked ETFs, which is the largest in the US by number of listings.

ETHT and ETHD, listed on the New York Stock Exchange, are designed for investors who want to target leveraged or short ether exposure with the accessibility, convenience and efficiency of an ETF.