✉news BusinessCrypto first seen 3 h ago, last 18 min ago, peak #8
Leveraged Bitcoin and Ether futures funds clear SEC hurdle
Original: 3x Bitcoin and Ether futures funds clear SEC listing hurdle
Three leveraged funds tracking Bitcoin and Ether futures have cleared an SEC listing hurdle, moving a step closer to trading on US exchanges. The funds would offer 3x exposure to the two largest cryptocurrencies through futures contracts. The development marks another expansion of regulated crypto investment products available to American investors, following the earlier approval of spot Bitcoin ETFs.
Why now: Regulatory approval of leveraged crypto funds signals further mainstreaming of crypto investment products, drawing attention from investors.
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