According to Foresight News, ETF provider ProShares announced that it will launch two Ethereum-pegged ETFs: ETHT and ETHD. The ProShares Ultra Ether ETF (ETHT) targets 2x daily Ethereum returns, while the ProShares UltraShort Ether ETF (ETHD) will be the first such product to be listed in the United States, targeting -2x daily Ethereum returns. Both ETFs are expected to be listed on the New York Stock Exchange on Friday, June 7.