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✉news BusinessCrypto first seen 16 h ago, last 4 h ago, peak #12

SEC approves first 3x bitcoin and ether ETFs in the U.S.

The U.S. Securities and Exchange Commission has approved the first leveraged 3x exchange-traded funds tied to bitcoin and ether, allowing American investors to take triple exposure to the two largest cryptocurrencies through ordinary brokerage accounts. The decision marks a notable expansion of crypto ETF offerings beyond spot and single-leverage products, and is drawing attention from traders weighing the higher risk and reward of leveraged crypto funds.

Why now: Leveraged 3x crypto ETFs are a significant new, high-risk investment product for U.S. markets.

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