SEC Stops Crypto ETF Filings Due to Leverage under 18F4
38m ago•
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The US SEC has sent out a new wave of ETF proposal rejection letters to ProShares, Direxion, and GraniteShares For the first time, the SEC added the ProShares, Direxion and GraniteShares ETFs that attempted to offer 3X and 5X leverage on Bitcoin and other digital tokens. This marks the end of the hyper-leverage era for …
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38m ago•
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