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SEC clears first 3x leveraged crypto ETPs as Bitcoin holds near $85,000

Original: Bitcoin holds near $85,000 as SEC clears first 3x leveraged crypto ETPs

Bitcoin is trading near $85,000 after the US Securities and Exchange Commission approved the first 3x leveraged crypto exchange-traded products, a landmark for leveraged digital-asset exposure on regulated markets. Financial outlets including Investing.com and Yahoo Finance report the decision, with investors weighing easier access to amplified crypto bets against concerns over volatility and risk for retail traders.

Why now: The SEC's approval of 3x leveraged crypto ETPs is a significant regulatory first moving crypto markets.

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