Circle Internet Group's Stock to Feature in New ETFs

According to PANews, Bloomberg analyst Eric Balchunas has reported that Circle Internet Group (CRCL), which recently went public last Thursday, is set to be included in two new exchange-traded funds (ETFs) based on its stock. ProShares plans to introduce the Ultra CRCL ETF with a 2x leverage, while Bitwise is preparing to launch a CRCL Income ETF focusing on a covered call strategy. Both ETFs are expected to become effective on August 20, 2025.