PROSHARES TRUST
ProShares Short Solana ETF
ProShares UltraShort Solana ETF
(each a “Fund”, together the “Funds”)
Supplement dated July 14, 2025
to each Fund’s Summary Prospectus, Statutory Prospectus, and Statement of Additional Information
(dated July 14, 2025, as supplemented or amended)
Each Fund is not yet available for sale.
For more information, please contact the Funds at 1-866-776-5125.
Please retain this supplement for future reference.