The U.S. Securities and Exchange Commission (SEC) approved on October 2 a rule change for the Cboe BZX Exchange that allows Volatility Shares’ VS Trust to list and trade six triple-leveraged exchange-traded products (ETPs), including products that track $BTC and $ETH with three times the daily performance, as well as four commodity products covering gold, silver, crude oil, and natural gas. The approval number is Release No. 34-106577. The above products obtain exposure through combinations of short-term futures contracts and do not directly hold bitcoin or ether spot.
Approval of the listing rules does not mean trading can start immediately. Relevant Form S-1 registration statements must become effective under the U.S. Securities Act of 1933. The approval documents do not disclose a specific trading timetable, and additional procedures—such as completing registration effectiveness—must be finished before trading can begin. The triple target resets each trading day; for multi-day holding, returns depend on the price path. In volatile markets, the compounding effect of alternating gains and losses may erode net asset value, and rolling futures contracts (switching months) will also generate costs. This is the first U.S. market approval of a triple-leveraged ETP linked to bitcoin and ether, and it was approved in the same batch as commodity trust share products such as gold and crude oil.
#BTC #ETH #ETF does not constitute investment advice
Approval of the listing rules does not mean trading can start immediately. Relevant Form S-1 registration statements must become effective under the U.S. Securities Act of 1933. The approval documents do not disclose a specific trading timetable, and additional procedures—such as completing registration effectiveness—must be finished before trading can begin. The triple target resets each trading day; for multi-day holding, returns depend on the price path. In volatile markets, the compounding effect of alternating gains and losses may erode net asset value, and rolling futures contracts (switching months) will also generate costs. This is the first U.S. market approval of a triple-leveraged ETP linked to bitcoin and ether, and it was approved in the same batch as commodity trust share products such as gold and crude oil.
#BTC #ETH #ETF does not constitute investment advice
