Key Notes

ProShares has recognized Coinbase as a core innovator that has its users and investors at heart.

It launched the ProShares Ultra COIN (COIA) to track the price of Coinbase stock.

Coinbase recently acquired Sensible and hired its founders to fuel its “Everything Exchange” vision.

American cryptocurrency exchange Coinbase (COIN) is one of the stocks that ProShares has identified with the capacity to create opportunities for consumers and investors. The firm made a strong statement recently as it rolled out a new Exchange Traded Fund (ETF) to track the Coinbase stock price.

Coinbase Receives Recognition for Its Innovations

The newly-launched ProShares Ultra COIN (COIA) is designed to target 2x daily returns of Coinbase, marking an expansion of the former’s product lineup.

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