SEC is moving toward high-risk crypto products
News has emerged that the listing of 3x leveraged ETFs for Bitcoin and Ethereum has been approved.
What this means: Investors will be able to get triple the return from the underlying asset’s daily price movement.
Specifics: The funds are based on futures contracts and reset daily, so they are intended primarily for short-term trading, not long-term holding (HODL).
#НновиниКрипти #Економіка #Фінанси #ETF #bitcoin
News has emerged that the listing of 3x leveraged ETFs for Bitcoin and Ethereum has been approved.
What this means: Investors will be able to get triple the return from the underlying asset’s daily price movement.
Specifics: The funds are based on futures contracts and reset daily, so they are intended primarily for short-term trading, not long-term holding (HODL).
#НновиниКрипти #Економіка #Фінанси #ETF #bitcoin
