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ProFunds, founded in 1997, is a premier provider of a diverse lineup of mutual funds offering trading flexibility to all shareholders. In addition to classic broad-market index funds, ProFunds offers leveraged and inverse funds that track a variety of broad market, sector and non-equity benchmarks. Together with ProShares, which launched the first U.S. leveraged and inverse exchange traded funds (ETFs) in 2006, ProFunds and its affiliates are global leaders in leveraged and inverse fund investing.
The Bitcoin Strategy ProFund (BTCFX) is designed to provide returns* similar to an investment in Bitcoin, while the Mutual Fund format eliminates the need to access bitcoin through unregulated exchanges or wallets.