SEC Approves 3x ETFs Tied to Bitcoin, Ethereum and Gold

The U.S. Securities and Exchange Commission has approved new 3x exchange-traded funds tied to Bitcoin, Ethereum and gold, expanding access to daily leveraged exposure across crypto and traditional markets.

The products are designed to amplify the daily performance of their underlying assets. That structure can also magnify losses when prices move in the opposite direction, making the funds more sensitive to short-term market swings than standard ETFs.

Bitcoin and Ethereum-linked products will give U.S. traders another way to gain market exposure without holding the assets directly. The approval also places crypto-linked leveraged funds alongside products tied to gold, broadening the range of assets covered by the new offerings.

The decision comes as institutional interest in Bitcoin and Ethereum ETFs continues to grow. Traders will now watch the funds’ initial market performance, including their effect on trading activity and volatility.