Company: EUO
Filing Date: 2025-03-28
Form Type: 424I
Source: 0001193125-25-066882
Chunk: 0

Company: ProShares Trust II
Filing Date: 2025-03-28
Form: 424I
Chunk 0
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Filed Pursuant to Rule 424(i)

Registration No.333-284921

PROSPECTUS SUPPLEMENT PURSUANT TO RULE 424(i)

FOR FISCAL YEAR ENDING DECEMBER 31, 2024

(to Prospectus dated March 28, 2025)

PROSHARES TRUST II

ProShares VIX Mid-Term Futures ETF (VIXM)

ProShares Ultra Bloomberg Natural Gas (BOIL)

ProShares UltraShort Bloomberg Natural Gas (KOLD)

ProShares UltraShort Silver (ZSL)

ProShares UltraShort Gold (GLL)

ProShares Ultra Euro (ULE)

ProShares UltraShort Euro (EUO)

ProShares Ultra Yen (YCL)

ProShares UltraShort Yen (YCS)

This prospectus
supplement filed pursuant to Rule 424(i) of the Securities Act of 1933, as amended (the “Securities Act”), sets forth the registration fee due under Rule 456(d) of the Securities Act for the fiscal year ended December 31, 2024. The
calculation of the registration fee is included in an exhibit hereto.