The fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The index is designed to measure the performance of a single XRP traded in USD and seeks to provide a proxy for the XRP market. Under normal circumstances, the advisor will obtain leveraged exposure to at least 80% of fund's total assets in components of the index or in instruments with similar economic characteristics. The fund is non-diversif...
