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Leveraged Bitcoin and Ether futures funds clear SEC hurdle

Original: 3x Bitcoin and Ether futures funds clear SEC listing hurdle

Three funds offering 3x leveraged exposure to Bitcoin and Ether futures have cleared a listing hurdle with the US Securities and Exchange Commission, moving a step closer to trading on US exchanges. The approval marks another expansion of crypto-linked products available to mainstream investors, following the earlier rollout of spot Bitcoin and Ether exchange-traded funds.

Why now: Regulatory approval of leveraged crypto funds signals further mainstream acceptance of digital asset products in the US market.

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