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SEC approves first 3x leveraged Bitcoin and Ether funds, but risks of daily resets may erode gains.

Market News
05 Oct 2026
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Neutral
SEC approves first 3x leveraged Bitcoin and Ether funds, but risks of daily resets may erode gains.

The SEC has approved the first triple-leveraged Bitcoin and Ether funds in the U.S., allowing Volatility Shares to offer 3x daily leveraged ETFs based on futures contracts. These funds aim to deliver three times the daily price movement of Bitcoin and Ether but reset daily, which can cause volatility decay and losses even if the underlying crypto trends upward. Such products are suited for short-term traders rather than long-term investors due to the risk of amplified losses from daily rebalancing. The funds are not yet available for trading as registration is pending, giving investors time to understand the risks involved.

The SEC's approval of the first 3x Bitcoin and Ether funds provides context for crypto-related market interest. For readers following U.S. stocks, here is Pluang's market snapshot as of Oct 06, 2026 00:05 WIB: out of 150 priced US stocks tradable on Pluang, 85 rose and 65 fell. Notable movers include Affirm Holdings Inc (AFRM) at USD 74.55 with a +5.34% change and a typical hold time of 21 days, Unity Software Inc (U) at USD 45.82 with a +5.07% change and a typical hold time of 50 days, and Opendoor Technologies Inc (OPEN) at USD 2.33 with a -4.71% change and a typical hold time of 33 days.

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