SEC-approved 3x leveraged Bitcoin and Ether ETFs do not yet trade as registration incomplete

The SEC has approved 3x leveraged Bitcoin and Ether ETFs, but the funds do not yet trade as the registration is not complete. The daily reset can erode value, with Bitcoin able to return to its initial price while the ETF loses about 5.5%. The funds are leveraged futures products.

Detected & updated continuously · Source: Nebula