SEC Approves 3x Leveraged Bitcoin and Ether ETPs from Volatility Shares
Key Facts
The US Securities and Exchange Commission approved a listing rule amendment for six Volatility Shares products. Cointribune reported that the approved instruments include exchange-traded products (ETPs) aiming to triple the daily performance of Bitcoin and Ether before fees. These funds primarily utilize futures contracts and cash to achieve their leverage targets, adjusting exposure on a daily basis.
The SEC decision, issued on October 2, 2026, covers products linked to Bitcoin, Ether, gold, silver, crude oil, and natural gas. This regulatory milestone follows an amendment to Cboe BZX listing rules, allowing these vehicles to seek three times the daily return of their reference assets. While designed for daily performance replication, the cumulative performance over multiple days may diverge from the 3x target due to the sequence of daily price variations.