SEC Clears the Way for 3x Leveraged Bitcoin and Ether ETPs

On October 2, the SEC approved an amendment to the Cboe BZX listing rules for six Volatility Shares products, including a 3x leveraged Bitcoin ETP and a 3x leveraged Ether ETP. These funds aim to triple the daily performance of their reference asset, before fees. However, their launch still depends on a final regulatory step.

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