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✉news BusinessCrypto first seen 17 h ago, last 13 h ago, peak #29

SEC Approves First 3x Leveraged Bitcoin and Ether ETPs

The US Securities and Exchange Commission has approved the first exchange-traded products offering 3x leveraged exposure to Bitcoin and Ether. The decision gives retail and institutional investors amplified, regulated access to the two largest cryptocurrencies through traditional brokerage accounts. Market watchers expect heightened volatility and trading volumes around the products, and the move is being read as another step in the mainstreaming of crypto assets in US markets.

Why now: Regulatory approval of the first triple-leveraged crypto ETPs marks a significant expansion of leveraged crypto access for mainstream investors.

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