JUST IN: ๐บ๐ธ SEC approves first-ever 3x leveraged Bitcoin and Ethereum ETFs.
โข 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.
โข This is the first US approval of 3x leveraged โฟ $BTC and โฆ $ETH exchange-traded products.
โข These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings.
โข 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.
โข This is the first US approval of 3x leveraged โฟ $BTC and โฆ $ETH exchange-traded products.
โข These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings.