ProShare Capital Management LLC
7501 Wisconsin Avenue
Suite 1000, East Tower
Bethesda, MD 20814-6527
Phone: 240.497.6400
Fax: 240.497.6530
www.ProShares.com
March 30, 2020
United States Securities and Exchange Commission
100 F Street, N.E.
Washington, D.C. 20549
Attn: | Ms. Tonya Aldave |
Division of Corporation Finance
Office of Finance
Re: | Registration Statement on Form S-3 for ProShares Trust II (File No. 333-236926) |
Dear Ms. Aldave:
On behalf of ProShares Trust II, we hereby request that the effective date for the above-captioned Registration Statement be accelerated so that it will be declared effective under the Securities Act of 1933, as amended, as of 3:00 p.m. on March 30, 2020, or as soon thereafter as reasonably practicable.
If the Staff has any further comments or questions regarding this filing, please contact me at (240) 497-6400. Thank you for your time and attention to this matter.
Very truly yours,
ProShare Capital Management LLC
By: /s/ Richard F. Morris
Richard F. Morris
General Counsel
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