3x leverage on Bitcoin is about to become a ticker symbol.
The SEC just approved a rule change letting Cboe list 3x leveraged Bitcoin and Ethereum ETFs from Volatility Shares. First time in the US.
Here's what I'd actually watch: the posture shift. Regulators spent years calling crypto derivatives too dangerous for retail. Now they're signing off on triple leverage. The product will churn like every other leveraged fund. The approval is the story.
And structurally, this widens the funnel. $BTC and $ETH exposure sitting inside ordinary brokerage accounts, no crypto exchange needed. Every new wrapper makes the asset harder to ignore.
Follow for the regulatory thread as this one lists. It's worth watching how fast the flows actually show up.
#Bitcoin #ETF $BTC $ETH
The SEC just approved a rule change letting Cboe list 3x leveraged Bitcoin and Ethereum ETFs from Volatility Shares. First time in the US.
Here's what I'd actually watch: the posture shift. Regulators spent years calling crypto derivatives too dangerous for retail. Now they're signing off on triple leverage. The product will churn like every other leveraged fund. The approval is the story.
And structurally, this widens the funnel. $BTC and $ETH exposure sitting inside ordinary brokerage accounts, no crypto exchange needed. Every new wrapper makes the asset harder to ignore.
Follow for the regulatory thread as this one lists. It's worth watching how fast the flows actually show up.
#Bitcoin #ETF $BTC $ETH
