SEC Approves Volatility Shares' 3x Leveraged Bitcoin and Ether Funds
Regulators have cleared the first triple-leveraged Bitcoin and Ethereum exchange-traded funds in the United States, which will trade on Cboe BZX.
On October 2, 2026, the U.S. Securities and Exchange Commission approved the listing of the first 3x leveraged Bitcoin and Ethereum funds on Cboe BZX, managed by Volatility Shares. The regulatory clearance also covered triple-leveraged funds tied to commodities including gold, silver, crude oil, and natural gas. Trading will begin once registration statements are finalized, though launch dates have not yet been disclosed.
The proposed Bitcoin fund, trading under the ticker BITH, and the Ether fund, ETHK, will hold futures contracts rather than physical digital assets. Volatility Shares previously established a presence in leveraged crypto products with its existing 2x Bitcoin fund, BITX, while competing offerings such as GraniteShares' planned 3x XRP products encountered prior delays.
Both products are designed to deliver three times the daily performance of their underlying assets by rebalancing and resetting exposures at the end of each trading session. The report highlights the impact of volatility decay in daily reset structures, where consecutive opposing percentage moves—such as a 10 percent gain followed by a 10 percent drop in Bitcoin—can translate into disproportionate compounding losses over multi-day periods.
These two are not the same thing, and one does not produce the other. The left is how this single article reads, from its tone alone. The right is the site’s own call on the asset, from indicators and analysis. Press tone feeds no score and no signal: on the only corpus this site has measured, daily tone tracked the move that had already happened and showed no measurable link with what followed.
More on Bitcoin All pieces →
Rewritten from the headline, the teaser and the one-line summary the qualification step produced — that is all the material there is, and nothing is added to it. The source link is kept on file so any item can be checked, and is not published here.