CONSENT OF INDEPENDENT REGISTERED PUBLIC ACCOUNTING FIRM
We hereby consent to the incorporation by reference in this Registration Statement on Form N-1A of ProShares Trust of our reports dated July 27, 2026, relating to the financial statements and financial highlights of each of the Funds as listed in Appendix I, which appear in ProShares Trust’s Certified Shareholder Report on Form N-CSR for the year ended May 31, 2026. We also consent to the references to us under the headings "Financial Statements", "Independent Registered Public Accounting Firm" and "Financial Highlights" in such Registration Statement.
/s/PricewaterhouseCoopers LLP Columbus, Ohio
September 24, 2026
Appendix I |
|
Bitcoin & Ether Equal Weight ETF |
Ultra FTSE Europe |
Bitcoin & Ether Market Cap Weight ETF |
Ultra Health Care |
Bitcoin ETF |
Ultra High Yield |
Ether ETF |
Ultra Industrials |
CoinDesk 20 Crypto ETF |
Ultra Materials |
Short Bitcoin ETF |
Ultra MidCap400 |
Short Ether ETF |
Ultra MSCI Brazil Capped |
Ultra Bitcoin ETF |
Ultra MSCI EAFE |
Ultra Ether ETF |
Ultra MSCI Emerging Markets |
Ultra Solana ETF |
Ultra MSCI Japan |
Ultra XRP ETF |
Ultra Nasdaq Biotechnology |
UltraShort Bitcoin ETF |
Ultra Nasdaq Cloud Computing |
UltraShort Ether ETF |
Ultra Nasdaq Cybersecurity |
Ultra Copper K-1 Free ETF |
Ultra QQQ Top 30 |
Ultra Palladium K-1 Free ETF |
Ultra QQQ |
Ultra Platinum K-1 Free ETF |
Ultra Real Estate |
Short 20+ Year Treasury |
Ultra Russell2000 |
Short 7-10 Year Treasury |
Ultra S&P 500 Equal Weight |
Short Dow30 |
Ultra S&P500 |
Short Financials |
Ultra Semiconductors |
Short FTSE China 50 |
Ultra SmallCap600 |
Short High Yield |
Ultra Technology |
Short MidCap400 |
Ultra QQQ Mega |
Short MSCI EAFE |
Ultra Utilities |
Short MSCI Emerging Markets |
Ultra FTSE China 50 |
Short QQQ |
UltraPro Dow30 |
Short Real Estate |
UltraPro MidCap400 |
Short Russell2000 |
UltraPro QQQ |
Short S&P500 |
UltraPro Russell2000 |
Short SmallCap600 |
UltraPro S&P500 |
Smart Materials ETF |
UltraPro Short 20+ Year Treasury |
Supply Chain Logistics ETF |
UltraPro Short Dow30 |
Ultra 20+ Year Treasury |
UltraPro Short MidCap400 |
Ultra 7-10 Year Treasury |
UltraPro Short QQQ |
Ultra Communication Services |
UltraPro Short Russell2000 |
Ultra Consumer Discretionary |
UltraPro Short S&P500 |
Ultra Consumer Staples |
UltraShort 20+ Year Treasury |
Ultra Dow30 |
UltraShort 7-10 Year Treasury |
Ultra Energy |
UltraShort Consumer Discretionary |
Ultra Financials |
UltraShort Consumer Staples |
UltraShort Dow30 |
Long Online/Short Stores ETF |
UltraShort Energy |
Merger ETF |
UltraShort Financials |
Metaverse ETF |
2 |
|
UltraShort FTSE China 50 |
MSCI EAFE Dividend Growers ETF |
UltraShort FTSE Europe |
MSCI Emerging Markets Dividend Growers ETF |
UltraShort Health Care |
MSCI Europe Dividend Growers ETF |
UltraShort Industrials |
MSCI Transformational Changes ETF |
UltraShort Materials |
Nanotechnology ETF |
UltraShort MidCap400 |
Nasdaq-100 Dynamic Buffer ETF |
UltraShort MSCI Brazil Capped |
Nasdaq-100 High Income ETF |
UltraShort MSCI EAFE |
On-Demand ETF |
UltraShort MSCI Emerging Markets |
Online Retail ETF |
UltraShort MSCI Japan |
Pet Care ETF |
UltraShort Nasdaq Biotechnology |
Nasdaq-100 Dorsey Wright Momentum ETF |
UltraShort QQQ |
Russell U.S. Dividend Growers ETF |
UltraShort Real Estate |
S&P Global Core Battery Metals ETF |
UltraShort Russell 2000 |
S&P Technology Dividend Aristocrats ETF |
UltraShort S&P500 |
Russell 2000 High Income ETF |
|
S&P SmallCap 600 Dividend Aristocrats ETF (formerly, |
UltraShort Semiconductors |
Russell 2000 Dividend Growers ETF) |
UltraShort SmallCap600 |
Russell 2000 Dynamic Buffer ETF |
UltraShort Technology |
S&P 500 Dividend Aristocrats ETF |
UltraShort QQQ Mega |
S&P 500 Dynamic Buffer ETF |
UltraShort Utilities |
S&P 500 High Income ETF |
GENIUS Money Market ETF |
S&P 500 Ex-Energy ETF |
Ultra COIN |
S&P 500 Ex-Financials ETF |
Ultra CRCL |
S&P 500 Ex-Health Care ETF |
Ultra NVDA |
S&P 500 Ex-Technology ETF |
Ultra PLTR |
S&P Kensho Cleantech ETF |
Ultra TSLA |
S&P Kensho Smart Factories ETF |
Big Data Refiners ETF |
S&P MidCap 400 Dividend Aristocrats ETF |
Decline of the Retail Store ETF |
S&P 500 Buyback Aristocrats ETF |
DJ Brookfield Global Infrastructure ETF |
|
Equities for Rising Rates ETF |
|
Global Listed Private Equity ETF |
|
Hedge Replication ETF |
|
High Yield-Interest Rate Hedged |
|
Inflation Expectations ETF |
|
Investment Grade–Interest Rate Hedged |
|
K-1 Free Crude Oil ETF |
|
Large Cap Core Plus |
|
3