Best Crypto to Invest In: Wall Street Goes 3x on Bitcoin and Ethereum, Pepeto Steals the Spotlight
Anyone weighing the best crypto to invest in just got a clear signal. Cboe BZX asked the SEC to approve the first US triple-leveraged Bitcoin and Ethereum ETFs, notice published August 14, per CryptoTimes. Exchanges do not build 3x products for assets they expect to drift.
Bitcoin trades at $64,771 and Ethereum at $1,876, both far under their records, and that is the point: the leverage arrives ahead of the move. The direction is settled; the size of the win is not.
And while Wall Street sizes up the majors, buyers who want more than a double keep landing on Pepeto, the Ethereum presale that has drawn $10.62 million before any listing sets its price.
Cboe Asks the SEC to List Triple-Leveraged Bitcoin and Ethereum Funds Here is what actually landed on the SEC’s desk. Cboe filed the rule change on August 10, covering six 3x products across Bitcoin, Ethereum, gold, silver, crude oil and natural gas, according to CoinGape.
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