SEC Greenlights Triple-Leverage ETPs for Bitcoin and Ethereum
The U.S. Securities and Exchange Commission (SEC) has approved six triple-leveraged exchange-traded products (ETPs), including Bitcoin and Ethereum funds, from VS Trust.
The approval, announced on October 2, 2026, covers the 3x Bitcoin ETF, 3x Ether ETF, 3x Gold ETF, 3x Silver ETF, 3x Crude Oil ETF, and 3x Natural Gas ETF. Each product seeks three times the daily performance of its reference asset before fees and expenses.
The approval marks a significant milestone for Volatility Shares LLC, which operates 2x Bitcoin ETF (BITX) and 2x Ether ETF (ETHU). The company will now be able to transition from 2x leveraged ETFs to 3x cryptocurrency ETPs linked to Bitcoin and Ethereum.