✉news BusinessCrypto first seen 1 d ago, last 1 d ago, peak #24
SEC Approves 3x Leveraged Bitcoin and Ether ETFs
Original: SEC Approves 3x Bitcoin and Ether ETFs in Major Expansion of Crypto Market Access
The US Securities and Exchange Commission has approved 3x leveraged exchange-traded funds tied to Bitcoin and Ether, significantly broadening leveraged access to the two largest cryptocurrencies. The approval allows retail investors to gain triple daily exposure to Bitcoin and Ether price movements through standard brokerage accounts, marking a major step in the mainstreaming of crypto products in traditional markets.
Why now: Regulatory approval of leveraged crypto ETFs marks a significant expansion of mainstream investor access to Bitcoin and Ether.
Evidence
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