CBOE Files With SEC to List First 3x Leveraged Bitcoin and Ethereum ETFs in the U.S.
BitcoinWorld CBOE Files With SEC to List First 3x Leveraged Bitcoin and Ethereum ETFs in the U.S. The Chicago Board Options Exchange (CBOE) has taken a significant step toward bringing the first 3x leveraged cryptocurrency exchange-traded funds (ETFs) to the U.S. market.
In a filing with the Securities and Exchange Commission (SEC), CBOE BZX, the exchange’s securities arm, requested approval to list six leveraged products, including those targeting Bitcoin and Ethereum.
What CBOE Is Proposing According to the filing, CBOE BZX seeks to list ETFs designed to deliver three times the daily return of their underlying assets.
The lineup includes a 3x Bitcoin ETF, a 3x Ethereum ETF, and similar leveraged products for gold, silver, crude oil, and natural gas.
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