SEC just cleared the first hurdle for 3x leveraged $BTC ETFs — approved Cboe's listing rules. But hold up, this ISN'T final approval yet. No green light to trade.
Key detail: This is 3x DAILY leverage, not compounded over your holding period. Big difference if you're planning to hold longer than a day.
If these actually launch, would you ape in? Or is this just another degen trap waiting to happen?
Key detail: This is 3x DAILY leverage, not compounded over your holding period. Big difference if you're planning to hold longer than a day.
If these actually launch, would you ape in? Or is this just another degen trap waiting to happen?
