ProShares and Bitwise have filed for SEC approval to introduce ETFs that will track shares of Circle. These applications came just after Circle made its public debut, where its stock price impressive surged.
Post-IPO, Circle’s stock saw a remarkable increase, reaching 137 USD at one point and resulting in a market valuation of approximately 27 billion USD. Additionally, Circle’s USDC stablecoin maintains a market cap around 61 billion USD.
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