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SEC approves triple-leveraged Bitcoin, Ether and metals ETFs

Original: SEC clears triple-leveraged Bitcoin, Ether and metals ETFs for listing

The US Securities and Exchange Commission has cleared triple-leveraged exchange-traded funds tied to Bitcoin, Ether and metals for listing, according to Fortune. The decision would let retail investors take amplified exposure to the two largest cryptocurrencies and to metals through ordinary brokerage accounts. Market watchers are likely to debate the implications for volatility, investor protection and the mainstreaming of crypto products.

Why now: Regulatory approval of high-leverage crypto ETFs is a significant shift in US treatment of digital assets that investors are reacting to.

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