ProShares UltraPro Short QQQ Tokenized Stock (Ondo)
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About ProShares UltraPro Short QQQ Tokenized Stock (Ondo)ProShares UltraPro Short QQQ Tokenized Stock (Ondo) is a token on Ondo Global Markets that provides total-return exposure to ProShares UltraPro Short QQQ (SQQQ), an ETF designed to return -3x the daily performance of the Nasdaq-100 Index. Because inverse-leveraged ETFs reset daily, returns over any period longer than a day can diverge significantly from -3x the index's actual move, making this a short-term trading instrument rather than a buy-and-hold tracker. It is backed 1:1 by the underlying ETF shares held in a regulated brokerage account.
Assets Details
Access Model
Redeemable
-Attestations
-CEX Listed
-KYC to mint or redeem
-Transferable
-Self Custody
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