It gives institutions and more aggressive retail investors a powerful tool for capital efficiency without having to directly manage on chain margin liquidation risk.
JUST IN: 🇺🇸 SEC approves first-ever 3x leveraged Bitcoin and Ethereum ETFs.
• The SEC approved Cboe BZX to list six new Volatility Shares ETFs, including 3x Bitcoin and Ether ETFs, along with 3x gold, silver, crude oil, and natural gas ETFs.
• This is the first US approval of 3x leveraged $BTC and $ETH exchange-traded products.
• These are based on CME futures contracts, not spot Bitcoin or Ethereum holdings.
$BTC current move is spot driven.
Dips are getting bought, and the uptrend is looking good.
A daily close above $87,500 could quickly push Bitcoin to $90,000.
BOOM 💥🚀
Bitcoin just secured its 2nd weekly close above the May highs.
Every weekly close above this level adds even more confirmation:
THE BITCOIN BULL MARKET IS HERE!
BITCOIN GOLDEN CROSSOVER! 🚨
$BTC just flashed another bullish crossover.
All timeframes are flipping bullish.
Average return after this signal: +2,206%
Stood before that massive deep blue canvas for a long time. It felt like I quietly left all the fatigue of the past six months right there in the navy hue.