SEC approves 3x leveraged Bitcoin and Ether ETPs, but trading has to wait

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The SEC has approved proposed 3x leveraged Bitcoin and Ether exchange-traded products, but approval does not mean they can begin trading immediately; launch remains subject to remaining listing and operational steps. The products would magnify daily price moves, increasing both potential gains and losses. Their approval signals continued expansion of regulated crypto investment offerings, while the delay means no immediate change in market access or trading.

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