SEC approves first-ever 3x leveraged Bitcoin and Ethereum ETFs.

• The SEC approved Cboe BZX to list six new Volatility Shares ETFs, including 3x Bitcoin and Ether ETFs, along with 3x gold, silver, crude oil, and natural gas ETFs.

• This is the first US approval of 3x leveraged
$BTC
and
$ETH
exchange-traded products.

• These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings. #BTC #ETH