SEC Greenlights Triple-Leveraged Crypto ETPs from Volatility Shares

The U.S. Securities and Exchange Commission (SEC) has approved six new futures-based exchange-traded products (ETPs) from Volatility Shares' VS Trust, allowing investors to buy triple-leveraged ETPs for Bitcoin, Ether, gold, silver, crude oil, and natural gas.

The ETPs will use regulated futures contracts to track the prices of these assets, rather than physically holding them. For example, the 3x Bitcoin ETF will aim to deliver three times the daily price move of Bitcoin.

This is a significant milestone for crypto ETF adoption and leveraged product expansion. Volatility Shares had previously launched 2x Bitcoin and Ether ETPs, but this approval marks the first time 3x leveraged crypto products have been approved by the SEC.