ProShares preps slate of bitcoin ETFs — but not a spot fund

Just days following the debut of the first spot bitcoin ETFs, ProShares is prepping other BTC-related offerings.

The firm, however, still has not divulged plans to offer a fund that would hold bitcoin directly.

ProShares is perhaps best known for launching the first bitcoin futures ETF in October 2021. Up until last week, that fund — the ProShares Bitcoin Strategy ETF (BITO) — was the largest crypto ETF in the US. 

The company now seeks to expand its lineup with five new leveraged and inverse bitcoin funds, Tuesday filings show.

Read more: Bitcoin ETF Tracker

The planned ETFs seek daily investment results, before fees and expenses, that correspond to the daily performance of the…

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