đ˘ SEC approves in the US âcrypto rollercoastersâ Ă3
The regulator has given the go-ahead: soon youâll be able to buy funds in the US that deliver a tripled result in a single day for Bitcoin, Ethereum, gold, silver, oil, and gas.
How it works: Bitcoin rose by 4% in a day, and the fund promises +12%. Sounds like a âmake it prettyâ button. đ
But thereâs a catch:
đ The fund resets every day and recalculates everything. So over a week or a month, the outcome doesnât necessarily have to be âthree times Bitcoin.â
đ Example: the asset can grow by 10% and then return back to the original price, while the fund is already down. In a sideways market and with sudden swings, it quietly âthins out.â
đŻ These funds are designed for short-term trades by experienced traders, not for âbuy and forget.â
Whatâs next: trading hasnât started yet. Weâre waiting for final registration and the launch date.
Bottom line: a good-looking tool for those who know what theyâre doing. For everyone else, itâs better not to buy the âtriple espressoâ with your entire paycheck. âď¸âĄď¸
This is not investment advice; Iâm not a financial advisor.
$BTC
$ETH
#BTC #ETH #SEC
The regulator has given the go-ahead: soon youâll be able to buy funds in the US that deliver a tripled result in a single day for Bitcoin, Ethereum, gold, silver, oil, and gas.
How it works: Bitcoin rose by 4% in a day, and the fund promises +12%. Sounds like a âmake it prettyâ button. đ
But thereâs a catch:
đ The fund resets every day and recalculates everything. So over a week or a month, the outcome doesnât necessarily have to be âthree times Bitcoin.â
đ Example: the asset can grow by 10% and then return back to the original price, while the fund is already down. In a sideways market and with sudden swings, it quietly âthins out.â
đŻ These funds are designed for short-term trades by experienced traders, not for âbuy and forget.â
Whatâs next: trading hasnât started yet. Weâre waiting for final registration and the launch date.
Bottom line: a good-looking tool for those who know what theyâre doing. For everyone else, itâs better not to buy the âtriple espressoâ with your entire paycheck. âď¸âĄď¸
This is not investment advice; Iâm not a financial advisor.
$BTC
$ETH
#BTC #ETH #SEC
