ProShares Launches ETF for Coinbase – Big News or Just Another Wall Street Trick?

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So, here we go again. American crypto exchange Coinbase (COIN) – yes, the one that’s been all over the place – is now part of some grand scheme by ProShares. And, of course, they’re calling it “an opportunity for consumers and investors”… because who doesn’t want a slice of that sweet, sweet volatility, right? ProShares is rolling out a brand-new Exchange Traded Fund (ETF) to track Coinbase’s stock price. Hold onto your wallets, folks.

Coinbase Gets the Spotlight for Doing… Coinbase Stuff

Introducing the ProShares Ultra COIN (COIA), which is here to double your daily returns from Coinbase. Yeah, you read that right. Twice the returns, twice the excitement… and probably twice the stress. According to Michael L. Sapir, CEO of ProShares, this is “an opportunity to magnify the daily returns of Coinbase in ETFs managed by ProShares.” So, basically, it’s like magnifying your crypto headaches with a side of ETF.

And don’t forget, ProShares is the world’s biggest provider of leveraged funds. They’ve been around for almost three decades, because, well, who wouldn’t want to watch stock prices swing wildly with a professional guiding the chaos? They’ve got over 110 products and more than $60 billion in assets. But hey, no big deal, right?

Their funds cover everything – stock indexes, single stocks, commodities, currencies, and even cryptocurrencies. They’re basically the Swiss army knife of financial products. Now, Coinbase gets its moment in the sun. Because when you think “stable investments,” you think about… crypto exchanges. Makes total sense, right?

Coinbase has always been a bit ahead of the game, and now it’s turning things up with AI. Yep, they’re writing code with AI. About 40% of Coinbase’s code is now AI-generated, because, apparently, letting robots do all the work is the way forward. Oh, and they recently bought Sensible and hired a couple of guys from a crypto yield-earning platform. If that’s not ambitious, I don’t know what is. It’s all part of their plan to create the “everything exchange.” No, seriously, that’s their pitch. So, what does that mean? Who knows? But it sounds like they’re taking over the world, one code snippet at a time.

Maxi DOGE: Because Why Not?

Oh, and speaking of things people are suddenly obsessed with, let’s talk about Maxi Doge (MAXI). Yeah, I know, another meme coin. But, hey, in case you missed it, their presale has already raked in $1,997,386.9 – which, of course, makes it a “promising” project. It’s like the little dog that could… or couldn’t. It’s hard to say at this point.

Maxi Doge has somehow found its own identity, no longer living in the shadow of Shiba Inu. Now it’s got its own thing going – and the degens are loving it. They’ve bought into the whole “if you put your mind to it, anything can happen” vibe. So, of course, it’s now a top contender for the best crypto presale of 2025. Are you ready to bet your rent money on this? Because I’m sure someone is.

Current Presale Stats:

Price: $0.0002565 (You’re not buying coffee with this, folks)

Amount raised so far: $1.99 million (Who said the crypto world isn’t lucrative?)

Ticker: MAXI (Not to be confused with other MAXIs, okay?)

Heads up, the price is about to change in less than two days. So, if you’re feeling brave (or foolish), you can still buy with your credit card, debit card, or – surprise – cryptocurrency. What a time to be alive.

If you’re wondering what’s next for Maxi Doge, don’t worry, we’ve got a price prediction. But maybe don’t hold your breath.

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2025-09-10 22:01