The SEC gives the green light to 3X leveraged Bitcoin and Ethereum ETFs
The SEC approved a change that allows listing and trading exchange-traded products with 3X exposure to Bitcoin and Ethereum, among other assets. The authorization represents a major expansion of the tools available to traditional investors.
But there’s a dangerous downside: leverage can multiply both gains and losses.
Do you think these products will attract more capital to Bitcoin and Ethereum or increase volatility too much?
#BTC $BTC #eth $ETH
The SEC approved a change that allows listing and trading exchange-traded products with 3X exposure to Bitcoin and Ethereum, among other assets. The authorization represents a major expansion of the tools available to traditional investors.
But there’s a dangerous downside: leverage can multiply both gains and losses.
Do you think these products will attract more capital to Bitcoin and Ethereum or increase volatility too much?
#BTC $BTC #eth $ETH