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SEC approves 3x leveraged crypto ETFs

The SEC approved 3x leveraged Bitcoin and Ethereum ETFs, a first in the US beyond the prior 2x cap, pending effective registration.

First on the board Oct 5, 23:51 · How the board is ranked

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CoinDesk @CoinDesk 4.1M followersOct 5, 22:51

NEW: The SEC approves 3x leveraged $BTC and $ETH ETFs, a first for U.S. crypto funds previously capped at 2x leverage, though trading cannot begin until the SEC declares the registration statement effective. https://t.co/kyM6QoFsM7

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