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ProShares Trust - ProShares Ultra Bitcoin ETF is an exchange traded fund launched and managed by ProShare Advisors LLC. The fund invests in currency and fixed income markets of the United States. For its currency portion, it invests through derivatives in bitcoins. The fund uses derivatives such as swaps to create its portfolio. For its fixed income portion, it invests in U.S. treasury bills and money market instruments. It seeks to track 2x the daily performance of Bloomberg Galaxy Bitcoin Index. ProShares Trust - ProShares Ultra Bitcoin ETF was formed on April 2, 2024 and is domiciled in the United States.