đđ SEC APPROVES FIRST 3X BITCOIN & ETHER ETPs đ„ The U.S. SEC has approved Cboe BZXâs rule change to list six 3x leveraged ETPs from Volatility Sharesâ VS Trust, including the first 3x Bitcoin and Ether products in the U.S. đ Key Highlights: âïž 3x Bitcoin ETP âïž 3x Ether ETP âïž 3x Gold, Silver, Crude Oil & Natural Gas ETPs âïž Products target 3x the daily performance of their underlying assets âïž BTC & ETH exposure will be based on CME futures, not physical assets đŽ Trading has not started yet â the products still require their registration statements to become effective before launch. đ Why it matters: The approval marks another major expansion of leveraged crypto investment products in the U.S. market.
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