SEC Approves First 3x Leveraged Bitcoin And Ether ETPs In The US

The post SEC Approves First 3x Leveraged Bitcoin And Ether ETPs In The US appeared first on Coinpedia Fintech News

The SEC greenlit a Cboe BZX rule change on October 2, allowing Volatility Shares to launch six futures-based ETPs offering three times the daily performance of Bitcoin, Ether, gold, silver, crude oil, or natural gas. The products reset daily, meaning sharp losses can hit fast in volatile or sideways markets, and trading won’t begin immediately …