✉news BusinessCrypto first seen 4 d ago, last 4 d ago, peak #33
SEC Delays GraniteShares 3X Bitcoin, XRP and Ethereum ETFs
Original: SEC Delays GraniteShares 3X Bitcoin, XRP and Ethereum ETFs Ahead of US Midterms
The US Securities and Exchange Commission has postponed its decision on GraniteShares' proposed 3X leveraged ETFs tied to Bitcoin, XRP and Ethereum, with the delay landing just ahead of the US midterm elections. Crypto market watchers are tracking the move closely, as approval of leveraged single-asset crypto funds would mark a further step in mainstream adoption, while repeated delays signal continued regulatory caution.
Why now: Traders and crypto investors are watching whether US regulators will approve leveraged crypto ETFs, and the timing before the midterms heightens scrutiny of regulatory decisions.
SECGraniteSharesBitcoinXRPEthereum
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