【SEC suddenly nods—triple-leverage Bitcoin is coming? ⚡😱】
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On October 2nd, the SEC approved a brand-new rule. This rule comes from the Chicago Board Options Exchange. It will open a leveraged channel for Bitcoin and Ethereum. Right off the bat, it offers triple leverage. This is the first time the United States has approved crypto leveraged products. Once the news broke, people in the industry were stunned for a few seconds. ⚡
The license went to a U.S. asset management firm. It plans to roll out six new products at once. The underlying assets include Bitcoin, Ethereum, gold, and silver—plus oil and natural gas, for a total of six. The leverage is fixed at 3x, reset once per day. It sounds like a short-term trading tool designed for seasoned players. 📊
The tricky part is the reset mechanism. Every day it gets wiped clean and starts over, not compounding for the long term. When the market whipsaws, net value will slowly be ground down. In volatile conditions, you can lose 30% in a single day. The 3x amplifies volatility, not returns. When you chase price upward, the drawdown also triples. ⚠️
But you still can’t buy it right away. The products need to wait for another registration process to become officially effective. The approval is just opening the door—the goods aren’t on the shelf yet. Observers say this is a major step forward. Three years ago, the SEC was still blocking such products in court. From blocking to allowing, the whole direction changed within three years. ⚖️
The market sentiment has indeed shifted—from blocking to moving in, and now to approving leverage. The market is responding in sync. Bitcoin has just climbed to around $86,000. Contract funding rates surged to as high as 10% for a time. Funds for spot ETFs are also moving in and out. The “flavor” of leverage is getting stronger and stronger. 🔥
Long-time players have always had polarized views on new tools. Some think it adds hedging and short-term trading options. Others worry that leverage will first flush out beginners. The historical lessons of 3x products are not few. If you take the opposite direction, you can be badly hurt in a single day. This time, with a different underlying asset, will the script be different? 🤔
📌 The door is open—but leverage has never been a free lunch.
For triple-leverage Bitcoin, do you dare to touch it? Let’s discuss in the comments.
Join the X先生 fan community chat on the homepage 🔥
On October 2nd, the SEC approved a brand-new rule. This rule comes from the Chicago Board Options Exchange. It will open a leveraged channel for Bitcoin and Ethereum. Right off the bat, it offers triple leverage. This is the first time the United States has approved crypto leveraged products. Once the news broke, people in the industry were stunned for a few seconds. ⚡
The license went to a U.S. asset management firm. It plans to roll out six new products at once. The underlying assets include Bitcoin, Ethereum, gold, and silver—plus oil and natural gas, for a total of six. The leverage is fixed at 3x, reset once per day. It sounds like a short-term trading tool designed for seasoned players. 📊
The tricky part is the reset mechanism. Every day it gets wiped clean and starts over, not compounding for the long term. When the market whipsaws, net value will slowly be ground down. In volatile conditions, you can lose 30% in a single day. The 3x amplifies volatility, not returns. When you chase price upward, the drawdown also triples. ⚠️
But you still can’t buy it right away. The products need to wait for another registration process to become officially effective. The approval is just opening the door—the goods aren’t on the shelf yet. Observers say this is a major step forward. Three years ago, the SEC was still blocking such products in court. From blocking to allowing, the whole direction changed within three years. ⚖️
The market sentiment has indeed shifted—from blocking to moving in, and now to approving leverage. The market is responding in sync. Bitcoin has just climbed to around $86,000. Contract funding rates surged to as high as 10% for a time. Funds for spot ETFs are also moving in and out. The “flavor” of leverage is getting stronger and stronger. 🔥
Long-time players have always had polarized views on new tools. Some think it adds hedging and short-term trading options. Others worry that leverage will first flush out beginners. The historical lessons of 3x products are not few. If you take the opposite direction, you can be badly hurt in a single day. This time, with a different underlying asset, will the script be different? 🤔
📌 The door is open—but leverage has never been a free lunch.
For triple-leverage Bitcoin, do you dare to touch it? Let’s discuss in the comments.
