3x leverage gets all the hype. Daily rebalancing? Everyone sleeps on it.
Oct 2: SEC greenlights Cboe BZX rule change for 3x leveraged ETPs on $BTC, $ETH, plus gold, silver, oil, nat gas. These products use futures for exposure.
Key mechanic: 3x daily benchmark performance (pre-fees). NOT 3x cumulative long-term returns. Huge difference.
Before you ape into leverage, understand how the math actually works. Daily resets = compounding can wreck you or moon you fast.
Oct 2: SEC greenlights Cboe BZX rule change for 3x leveraged ETPs on $BTC, $ETH, plus gold, silver, oil, nat gas. These products use futures for exposure.
Key mechanic: 3x daily benchmark performance (pre-fees). NOT 3x cumulative long-term returns. Huge difference.
Before you ape into leverage, understand how the math actually works. Daily resets = compounding can wreck you or moon you fast.