SEC Greenlights Triple-Leverage ETPs on Bitcoin, Ethereum, and More

The US Securities and Exchange Commission (SEC) has approved the listing of six Volatility Shares exchange-traded products (ETPs) with triple daily exposure to various assets, including Bitcoin and Ethereum.

The new lineup includes products linked to gold, silver, oil, and natural gas, in addition to the two cryptocurrencies. The ETPs will not directly hold the underlying assets but will instead use regulated futures contracts, such as those traded on the CME Group.

The approval, which was granted on October 2, 2026, allows Volatility Shares to expand its lineup and offer riskier instruments to investors. The company already manages 2x Bitcoin Strategy ETF (BITX) and 2x Ether ETF (ETHU).

Bloomberg Intelligence analyst Eric Balchunas called the SEC's decision a 'major win' for Volatility Shares, noting that the regulator's approach to cryptocurrency exchange-traded products has changed significantly in recent years.