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ProShares Launches First Geared Australian Dollar ETFs

BETHESDA, Md.--(BUSINESS WIRE)--ProShares, a premier provider of alternative exchange traded funds (ETFs), announced today the launch of ProShares Ultra Australian Dollar (NYSE: GDAY) and ProShares UltraShort Australian Dollar (NYSE: CROC), the first ETFs in the U.S. providing magnified or inverse exposure to the Australian dollar. The ETFs list on NYSE Arca today.