Two new leveraged and inverse blockchain ETFs are set to be unveiled. The new ETFs are the Elevate Shares 2X Daily Blockchain ETF: BLOC and the Elevate Shares Inverse Daily Blockchain ETF: KOLB. According to the U.S. Securities and Exchange Commission prospectus that was filed, both funds are a leveraged and inverse version of the Amplify Transformational Data Sharing ETF (NYSEARCA:BLOK). The Elevate Shares 2X Daily Blockchain ETF will seek to provide investors with a daily 200% return of BLOK. Conversely, the Elevate Shares Inverse Daily Blockchain ETF will aim to provide market participants with a 100% inverse return of BLOK. At the current juncture, neither funds have not been given expense ratios, but BLOK currently has a ratio of 0.71%. BLOK provides investors with exposure to stocks involved in blockchain transactions, crypto mining, semiconductors and other similar areas. Moreover, it provides individuals the opportunity to gain adjacent exposure to crypto-assets such as