Crypto
SEC Clears Path for Triple-Daily Leverage in Crypto Futures
The Securities and Exchange Commission (SEC) has approved Cboe BZX's listing rules for VS Trust's 3x Bitcoin and Ether products. The decision clears an exchange-rule hurdle for products sponsored by Volatility Shares that seek amplified daily crypto futures exposure.
The order covers six funds, including products tied to gold, silver, crude oil and natural gas. It advances the proposal CryptoSlate covered in August, when the exchange was still seeking permission.
The SEC approved Cboe BZX's listing rules on October 2 for VS Trust's 3x Bitcoin and Ether products. The decision does not establish that registration is effective or that trading has begun. Registration effectiveness and a first trading date remain unconfirmed as of October 4.