Internet Computer (ICP) Set for Inclusion in Proposed ProShares CoinDesk Crypto 20 ETF

The Internet Computer (ICP) is slated for inclusion in the proposed ProShares CoinDesk Crypto 20 ETF, according to a recent social media post by dom.icp ∞. This development follows ProShares' filing with the U.S. Securities and Exchange Commission (SEC) for the new exchange-traded fund, which aims to provide broad exposure to the cryptocurrency market.

"The Internet Computer (ICP) is included in the ProShares CoinDesk Crypto 20 ETF 🦾," stated dom.icp ∞ on social media on October 23, 2025.

ProShares, a prominent asset management firm, filed for the ETF earlier this week, seeking to track the CoinDesk 20 Index. This index measures the performance of the top 20 cryptocurrencies by market capitalization, excluding stablecoins, meme coins, and wrapped tokens. The proposed ETF intends to offer investors a regulated avenue to invest in a diversified basket of digital assets without directly holding the underlying cryptocurrencies, instead utilizing swaps and derivatives.

The CoinDesk 20 Index undergoes quarterly rebalancing to reflect changes in market capitalization and liquidity, ensuring it represents the most significant assets. Alongside ICP, the index prominently features major cryptocurrencies such as Bitcoin (BTC), Ethereum (ETH), XRP, Solana (SOL), and Cardano (ADA). This strategic approach by ProShares aligns with a growing institutional demand for diversified and regulated crypto investment products.

The Internet Computer (ICP), developed by the DFINITY Foundation, is a blockchain network designed to extend the functionality of the internet. It enables developers to build and deploy smart contracts, decentralized applications, and services directly on a public network, aiming to create a "world computer." Its inclusion in such an ETF could enhance its visibility and accessibility for a broader range of investors.

If approved by the SEC, the ProShares CoinDesk Crypto 20 ETF would mark a significant milestone as one of the first diversified crypto ETFs in the United States. This move by ProShares, which previously launched the first U.S. Bitcoin futures ETF in 2021, underscores the increasing mainstream acceptance and institutional interest in the evolving digital asset landscape.