SEC Approves 3x Long Bitcoin, Ethereum, Gold, Silver, Oil and Gas ETPs

The U.S. Securities and Exchange Commission has approved 3x long exchange-traded products tied to Bitcoin, Ethereum, gold, silver, crude oil and natural gas under the Securities Act of 1933, Bloomberg ETF analyst Eric Balchunas said in a post on X. According to ChainCatcher, the approval covers leveraged ETPs linked to both crypto and traditional commodities.