Crypto HeadlinesSEC Approves Bitcoin and Ethereum ETFs with Three-Times Leverage
The U.S. Securities and Exchange Commission (SEC) has approved the launch of spot exchange-traded funds with three-times leverage on Bitcoin and Ethereum. The innovative products from Volatility Shares will begin trading on the American Cboe BZX exchange, providing investors with enhanced exposure to daily fluctuations in cryptocurrency prices.
How it works
- The funds provide three-times leverage relative to the daily change in the price of the underlying asset.
The tools were developed by Volatility Shares and are intended for professional market participants capable of managing high risks. The regulator gave approval for these products, opening up new opportunities for speculative trading of digital assets through traditional financial institutions.
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