🏆 Jakob Eras@Jakob.eras

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SEC approves 3x leveraged Bitcoin ETF

JUST IN: 🇺🇸 SEC approves first-ever 3x leveraged Bitcoin and Ethereum ETFs. • The SEC approved Cboe BZX to list six new Volatility Shares ETFs, including 3x Bitcoin and Ether ETFs, along with 3x gold, silver, crude oil, and natural gas ETFs. • This is the first US approval of 3x leveraged $BTC and $ETH exchange-traded products. • These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings.

3h

🏆 Jakob Eras@Jakob.eras

Follow

SEC approves 3x leveraged Bitcoin ETF

JUST IN: 🇺🇸 SEC approves first-ever 3x leveraged Bitcoin and Ethereum ETFs. • The SEC approved Cboe BZX to list six new Volatility Shares ETFs, including 3x Bitcoin and Ether ETFs, along with 3x gold, silver, crude oil, and natural gas ETFs. • This is the first US approval of 3x leveraged $BTC and $ETH exchange-traded products. • These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings.

3h