✉news BusinessCrypto first seen 2 d ago, last 1 d 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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