SEC green-lights 3x BTC/ETH ETPs — but not live yet
On Oct 2 the SEC approved a Cboe listing rule for Volatility Shares 3x Bitcoin and 3x Ether ETPs (plus gold/silver/oil/natgas). Important filter before the FOMO replies:
1) APPROVED ≠ LIVE — trading waits until the Form S-1 is effective (no launch date in the filing)
2) DAILY RESET — 3x is a one-day target; chop can erode multi-day returns even if spot ends flat
3) FUTURES PATH — these are futures-based, not spot ETFs; roll costs matter over time
Headline risk ≠ trade signal. Wait for the S-1 gun, then size like any high-decay leverage tool.
Live: $BTC ~$84.8k (+0.3%) · $ETH ~$2,688 (+0.8%) · $BNB ~$788 (+2.8%)
Reply WAIT or TRADE
#BTC #Crypto #BinanceSquare
On Oct 2 the SEC approved a Cboe listing rule for Volatility Shares 3x Bitcoin and 3x Ether ETPs (plus gold/silver/oil/natgas). Important filter before the FOMO replies:
1) APPROVED ≠ LIVE — trading waits until the Form S-1 is effective (no launch date in the filing)
2) DAILY RESET — 3x is a one-day target; chop can erode multi-day returns even if spot ends flat
3) FUTURES PATH — these are futures-based, not spot ETFs; roll costs matter over time
Headline risk ≠ trade signal. Wait for the S-1 gun, then size like any high-decay leverage tool.
Live: $BTC ~$84.8k (+0.3%) · $ETH ~$2,688 (+0.8%) · $BNB ~$788 (+2.8%)
Reply WAIT or TRADE
#BTC #Crypto #BinanceSquare
