{"url_path":"/sec/zsl/10-q/2026/item-2","section_key":"item-2","section_title":"Item 2 Unregistered Sales of Equity Securities and Use of Proceeds.","topic":"sec","document":{"doc_type":"10-Q","doc_date":"2026-05-08","source_url":"https://www.sec.gov/Archives/edgar/data/1415311/0001193125-26-214433-index.html","accession_number":"0001193125-26-214433","cik":"0001415311","ticker":"AGQ","issuer_name":"ProShares Trust II","edgar_url":"https://www.sec.gov/Archives/edgar/data/1415311/0001193125-26-214433-index.html","primary_entity_key":"0001415311","primary_entity_name":"ProShares Trust II"},"word_count":526,"has_tables":true,"body_markdown":"Item 2. Unregistered Sales of Equity Securities and Use of Proceeds.\n\n \n\na)\n\nNone.\n\n \n\nb)\n\nNot applicable.\n\n \n\nc)\n\nThe Trust does not purchase shares directly from its shareholders. The following table summarizes the redemptions by Authorized Participants during the three months ended March 31, 2026:\n\n \n\nTitle of Securities Registered*\n\n  \n \n \n  \nTotal Number\nof Shares\nRedeemed\n \n  \nAverage\nPrice Per\nShare\n \n\nProShares Short VIX Short-Term Futures ETF\n\n  \n\n  \n\n  \n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n250,000\n \n  \n$\n55.59\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n500,000\n \n  \n$\n52.70\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n100,000\n \n  \n$\n50.81\n \n\nProShares Ultra Bloomberg Crude Oil\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n2,900,000\n \n  \n$\n21.26\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n2,600,000\n \n  \n$\n22.96\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n14,150,000\n \n  \n$\n38.75\n \n\nProShares Ultra Bloomberg Natural Gas\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n37,550,000\n \n  \n$\n26.26\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n4,900,000\n \n  \n$\n20.59\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n11,150,000\n \n  \n$\n18.47\n \n\n \n\n45\n\n##### Table of Contents\n\nProShares Ultra Euro\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n— \n \n  \n$\n— \n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n— \n \n  \n$\n— \n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n— \n \n  \n$\n— \n \n\nProShares Ultra Gold\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n800,000\n \n  \n$\n71.40\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n1,300,000\n \n  \n$\n68.47\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n4,800,000\n \n  \n$\n69.99\n \n\nProShares Ultra Silver\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n3,400,000\n \n  \n$\n273.50\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n4,000,000\n \n  \n$\n157.40\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n3,350,000\n \n  \n$\n131.26\n \n\nProShares Ultra VIX Short-Term Futures ETF\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n4,050,000\n \n  \n$\n36.64\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n4,650,000\n \n  \n$\n38.55\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n7,400,000\n \n  \n$\n49.85\n \n\nProShares Ultra Yen\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n50,000\n \n  \n$\n19.90\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n50,000\n \n  \n$\n19.33\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n150,000\n \n  \n$\n18.42\n \n\nProShares UltraShort Bloomberg Crude Oil\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n550,000\n \n  \n$\n19.41\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n1,050,000\n \n  \n$\n15.99\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n21,150,000\n \n  \n$\n9.33\n \n\nProShares UltraShort Bloomberg Natural Gas\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n4,950,000\n \n  \n$\n34.88\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n40,750,000\n \n  \n$\n21.73\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n13,950,000\n \n  \n$\n20.99\n \n\nProShares UltraShort Euro\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n50,000\n \n  \n$\n28.71\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n50,000\n \n  \n$\n27.91\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n— \n \n  \n$\n— \n \n\nProShares UltraShort Gold\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n350,000\n \n  \n$\n22.91\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n4,700,000\n \n  \n$\n19.25\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n3,150,000\n \n  \n$\n20.78\n \n\nProShares UltraShort Silver**\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n14,545,000\n \n  \n$\n27.37\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n22,955,000\n \n  \n$\n24.73\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n10,850,208\n \n  \n$\n23.11\n \n\nProShares UltraShort Yen\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n200,000\n \n  \n$\n49.87\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n100,000\n \n  \n$\n49.93\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n50,000\n \n  \n$\n53.31\n \n\n \n\n46\n\n##### Table of Contents\n\nProShares VIX Mid-Term Futures ETF\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n— \n \n  \n$\n— \n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n175,000\n \n  \n$\n15.53\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n300,000\n \n  \n$\n16.59\n \n\nProShares VIX Short-Term Futures ETF\n\nCommon Units of Beneficial Interest\n\n  \n\n  \n\n  \n\n  \n \n01/01/26 to 01/31/26\n \n  \n \n700,000\n \n  \n$\n26.18\n \n\n  \n \n02/01/26 to 02/28/26\n \n  \n \n325,000\n \n  \n$\n27.55\n \n\n  \n \n03/01/26 to 03/31/26\n \n  \n \n3,900,000\n \n  \n$\n32.98\n \n\n \n\n*\n\nThe registration statement covers an indeterminate amount of securities to be offered or sold.\n\n**\n\nSee Note 1 of these Notes to Financial Statements.\n\n \n\n47\n\n##### Table of Contents"}