Cboe seeks SEC nod for first US 3x bitcoin and ether ETFs
60-second summary
Cboe is seeking SEC approval for the first US 3x bitcoin and ether exchange-traded funds (ETFs), following LeverageShares' European debut of the world's first 3x bitcoin and ether ETFs, offering triple the exposure to these cryptocurrencies.
LeverageShares debuted the world’s first 3x bitcoin and ether ETFs in Europe. These would be the first in the U.S., if approved.