26-Jun-2026
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ProShares Launches First ETFs Targeting 2x Daily Returns of Platinum and Palladium
Business Wire (Tue, 21-Apr 8:30 AM ET)
ProShares Ultra Platinum K-1 Free ETF eeks daily investment results, before fees and expenses, that correspond to two times (2x) the daily performance of the price of platinum. The Fund invests in financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. In this manner, the Fund seeks daily returns that correspond to two times (2x) the price of platinum. abrdn Platinum ETF Trust is a grantor trust that holds physical platinum and seeks investment results, before expenses, that correspond to the performance of the price of platinum. Under normal circumstances, the Fund will invest at least 80% of the Fund's assets in, or provide exposure to, financial instruments that ProShare Advisors believes, in combination, should produce daily returns consistent with the Daily Target. The Fund will invest principally in the financial instruments are Derivatives, Swap Agreements, Money Market Instruments , U.S. Treasury Bills, Repurchase Agreements, Money Market ETF.
ProShares Ultra Platinum K-1 Free ETF trades on the ARCA stock market under the symbol UPLT.
As of June 26, 2026, UPLT stock price was flat at $21.93 with 8 million shares trading.
UPLT has a market cap of $2.41 million. This is considered a Sub-Micro Cap stock.
UPLT support price is $20.70 and resistance is $23.17 (based on 1 day standard deviation move). This means that using the most recent 20 day stock volatility and applying a one standard deviation move around the stock's closing price, stastically there is a 67% probability that UPLT shares will trade within this expected range on the day.