The US SEC approved six 3x leveraged exchange-traded products (ETPs) tied to Bitcoin, Ether, gold, silver, crude oil, and natural gas on October 2, 2026. These ETPs aim to deliver three times the daily performance of their underlying assets using futures contracts, not holding the actual commodities. However, trading cannot start until a separate S-1 registration statement is approved, and the products reset leverage daily, which can affect long-term returns due to compounding and futures roll costs. This marks the first US approval of triple-leveraged crypto ETPs, signaling a regulatory recognition of digital commodities alongside traditional ones.
The US SEC's approval of 3x leveraged Bitcoin and Ether ETPs comes amid a mixed market for major cryptocurrencies on Pluang. For readers following cryptocurrency trends, here is Pluang's market snapshot as of Oct 03, 2026 08:02 WIB: out of 50 major cryptocurrencies, 21 rose and 28 fell today. Notable movers include MANA (Decentraland) up 10.62% with a typical hold time of 156 days and 100% buy order activity, EOS (EOS.IO) up 8.13% with a typical hold time of 87 days, and AXS (Axie Infinity) up 6.21% with 72% buy order activity and a typical hold time of 62 days.
Centrifuge has introduced three new tokenized funds on the Arc platform, focusing on U.S. Treasuries and credit assets. This move aims to bridge on-chain capital with traditional short-duration fixed-income investments favored by institutional invest...
Pump.fun (PUMP) token experienced a 4.89% price increase within one hour on October 2, reaching $0.005659. However, over the previous 24 hours, the token's price declined by 3.12%. During the hour of the price rise, $10,000 worth of short positions w...
The SUI cryptocurrency surged 6.05% within four hours to $1.20, driven by $190,000 in short position liquidations. Over 24 hours, SUI's price increased 2.29%, reflecting strong buying pressure. Liquidations mainly affected short traders, indicating a...
A director at Joby Aviation sold 62,500 shares worth $380,625 while keeping a large stake. Joby is advancing its electric vertical take-off and landing (eVTOL) aircraft, aiming for passenger flights in Dubai by late 2026 pending FAA approval. Despite...
On October 2, U.S. spot Solana ETFs attracted $1.3 million in net inflows, reversing the previous day's $1.1 million net outflow. The Bitwise Solana Staking ETF (BSOL) was responsible for the entire inflow, while other Solana ETFs like VSOL, FSOL, TS...
