Volatility Shares has made a new regulatory filing that could reshape how traders gain exposure to major cryptocurrencies like Bitcoin, Ethereum and Solana.
Volatility Shares has applied to launch 5x leveraged exchange-traded funds for Bitcoin, Ethereum, and Solana, in what could become the most aggressive crypto fund filing yet On Oct. 14, Volatility Shares filed documents with the U.S. Securities and Exchange Commission to introduce a new range of 3x and 5x leveraged ETFs tied to cryptocurrencies and major U.S. stocks.
Bloomberg ETF analyst Eric Balchunas noted the SEC has yet to approve any 3x crypto ETFs, describing the 5x filing as a bold step. He added that the submission might be a preemptive move in case of regulatory delays linked to the U.S. government shutdown.
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