SEC approves listing of triple‑leveraged Bitcoin and Ethereum ETPs on Cboe BZX
The U.S. Securities and Exchange Commission issued an order on October 2 approving a Cboe BZX rule change that lets Volatility Shares list six triple‑leveraged exchange‑traded products. The new offerings include 3x Bitcoin and 3x Ethereum ETPs that aim to deliver three times the daily performance of their reference assets. Bitcoin rose 1.3% to $86,300 following the announcement, though the products have not yet begun trading.
Why it matters
The approval expands the range of regulated leveraged crypto products that could become available to U.S. investors, but because registration requirements remain pending the instruments cannot be purchased today.
Key facts
- 1The SEC order was issued on October 2. tokenist.com
- 2Volatility Shares may list six triple‑leveraged ETPs. tokenist.com
- 3The new products include 3x Bitcoin and 3x Ethereum. tokenist.com
- 4Bitcoin rose 1.3% to $86,300 after the approval. tokenist.com
- 5Bitcoin was trading at $85,900, up 1.3%, in the same coverage. tokenist.com
Open questions
- Conflicting Bitcoin price figures ($85,900 vs $86,300) appear in the material.
- Exact launch date and registration completion for the ETPs are not confirmed.
Summary written by AlphAI from 2 of 2 sources. Not investment advice. Figures are as stated by the linked sources.