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U.S. SEC approves listing of six 3x leveraged ETFs tracking bitcoin and five other assets

The U.S. Securities and Exchange Commission approved the listing and trading of six 3x leveraged ETFs tracking bitcoin, ether, gold, silver, oil and natural gas. The approval was made by clearing a rule change filed by the Cboe BZX Exchange, Coinpost reported. The products seek to deliver three times the daily moves of their underlying assets before fees, using futures. The approval covers listing only, with additional steps required before trading begins.