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The SEC approved a Cboe rule letting six Volatility Shares funds that triple the daily moves of Bitcoin and Ethereum list on a U.S. exchange.
The SEC cleared Cboe BZX’s listing path for 3x Bitcoin and Ether funds. Their daily futures target is no promise of triple long-term returns.
The six products are commodity trusts registered under the 1933 Act, while SEC staff pushed back on 3x funds governed by the 1940 Act in December 2025.