SEC approves 3x Bitcoin and Ether ETFs
The U.S. Securities and Exchange Commission approved a rule change allowing 3x Bitcoin and 3x Ether ETFs to be listed on Cboe BZX, alongside triple-leveraged gold, silver, crude oil and natural gas ETFs.
The decision further expands the range of crypto-linked exchange-traded products available in the U.S.
Because triple-leveraged products magnify daily movements in their underlying assets, the approval opens the door to significantly higher-risk Bitcoin and Ether trading products.
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