BREAKING: $SQQQ from @ProShares issued by @Backpack is live on Solana via @Sunrise.
It tracks ProShares' 3x inverse Nasdaq-100 ETF, designed to return three times the opposite of the index's daily move and reset each day.
If you invested $10,000 into the ProShares UltraPro Short QQQ $SQQQ 5 years ago and held to today, here's how much you'd have:
$446 🔴
-95.5% total return
Issued by Backpack Securities, $SQQQ is now listed on @Solana with @Sunrise.
▸ Redeemable 1:1 for ProShares UltraPro Short QQQ shares
▸ Transferable to traditional brokerages
The ProShares UltraPro Short QQQ seeks daily investment results that correspond, before fees and expenses, to -3x the daily performance of the Nasdaq-100 Index.
$SQQQ is live on Raydium.
ProShares UltraPro Short QQQ is a leveraged inverse ETF designed to deliver 3x the opposite of the Nasdaq-100’s daily performance.
Now trading 24/7 on Solana via @sunrise and @Backpack Securities.