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News/SEC Approves First 3x Leveraged Bitcoin And Ether ETPs In The US

Coinpedia

SEC Approves First 3x Leveraged Bitcoin And Ether ETPs In The US

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2 days ago·Neutral·Short News

From Coinpedia · By Anjali Belgaumkar

The SEC greenlit a Cboe BZX rule change on October 2, allowing Volatility Shares to launch six futures-based ETPs offering three times the daily performance of Bitcoin, Ether, gold, silver, crude oil, or natural gas. The products reset daily, meaning sharp losses can hit fast in volatile or sideways markets, and trading won’t begin immediately pending a separate registration taking effect. Observers called it a major step in expanding regulated crypto access, a notable shift given the SEC was still fighting spot Bitcoin ETFs in court just three years ago.

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