SEC Clears Cboe to List Volatility Shares’ 3x Bitcoin and Ether Funds
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The SEC approved Cboe BZX Exchange to list Volatility Shares’ leveraged funds targeting three times the daily performance of Bitcoin and Ether. The products will give investors amplified exposure through exchange-traded funds, but also magnify losses and the effects of daily rebalancing. For Bitcoin, the approval expands access to high-risk, exchange-listed trading products rather than signaling a change in the asset’s fundamentals.
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