Cboe Seeks SEC Approval for Triple-Leveraged Bitcoin and Ether ETFs

Cboe BZX Exchange has submitted a formal request to the US Securities and Exchange Commission (SEC) for approval of new series of leveraged exchange-traded funds, including products designed to deliver three times the daily performance of Bitcoin (BTC) and Ether (ETH).

The filing, made in early August 2026, also covers similarly structured funds linked to gold, silver, crude oil, and natural gas. If approved, the BTC and ETH versions would mark the first triple-leveraged crypto ETFs available to US investors.

The proposed funds aim to provide amplified daily exposure by holding futures contracts traded on the Chicago Mercantile Exchange or COMEX, with cash and cash equivalents serving as collateral. Volatility Shares LLC will serve as the sponsor, with the products organized as series under the VS Trust.