SEC clears listing of Volatility Shares' 3x Bitcoin and Ether ETFs

Merca2.es

Factuality

Ownership

The SEC authorizes the first ETF leveraged 3x of ether and bitcoin, but the daily readjustment and commissions can turn a rise into losses. The SEC entry approves ETF leveraged of Ethereum and Bitcoin: the daily cost that triggers the alarms first appears on Merca2.

DiarioBitcoin

Factuality

Ownership

The SEC approved a modification that allows Volatility Shares funds to be quoted that seek to multiply by three the daily movements of Bitcoin and Ether, but its launch still depends on another process. Daily restart, volatility and commissions raise doubts about its use as a long-term investment.