SEC Approves Listing of Bitcoin ETF Targeting 3x Daily Futures Moves

2 outlets reporting

Your call?🐂 Bullish🐻 Bearish

3x

daily futures leverage

$BTC

$85,385

+0.6%

$ETH

$2,699

+0.5%

A bitcoin fund targeting three times its futures benchmark’s daily performance has secured SEC listing approval. The ruling covers a broader commodity lineup and preserves exchange oversight and brokerage obligations as the sponsor pursues…