Universal Digital Inc. Announces Plans for 2X Crypto Equity ETFs

Universal Digital Inc., a company listed on the Canadian National Stock Exchange, has recently made headlines with its strategic move into the cryptocurrency exchange-traded fund (ETF) space. On May 22, 2025, the company filed a preliminary prospectus for two 2X leveraged crypto equity ETFs, signaling a significant expansion of its financial product offerings.

The initiative is a collaborative effort with LongPoint Asset Management Inc., aiming to establish these ETFs in Canada. The partnership seeks to list the ETFs on prominent platforms such as Coinbase and MicroStrategy, highlighting the growing integration of cryptocurrency assets into mainstream financial markets.

This development follows closely on the heels of Universal Digital’s announcement on May 20, 2025, regarding a non-brokered private placement. The company successfully raised $1.5 million through the sale of 3 million common shares at $0.50 each. This capital infusion is likely to support its new ventures, including the proposed ETFs.

Despite these forward-looking initiatives, Universal Digital’s financial metrics reflect a challenging environment. As of May 20, 2025, the company’s share price stood at 0.63 CAD, with a market capitalization of 6,720,000 CAD. The company’s price-to-earnings ratio is currently negative, at -0.066077, indicating that it is not yet profitable.

The move into crypto ETFs represents a strategic pivot for Universal Digital, aiming to capitalize on the burgeoning interest in cryptocurrency investments. As the company navigates this new terrain, investors and market watchers will be keenly observing its progress and the potential impact on its financial health.

In summary, Universal Digital Inc. is making significant strides in diversifying its portfolio with the introduction of crypto ETFs, backed by recent capital raised through a private placement. This initiative underscores the company’s commitment to innovation and adaptation in the rapidly evolving financial landscape.