SEC Approves First Leveraged Bitcoin Futures ETF

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The U.S. Securities and Exchange Commission (SEC) made history on Friday by approving the first-ever leveraged Bitcoin futures exchange-traded fund (ETF). The Volatility Shares 2x Bitcoin Strategy ETF (BITX) is set to launch on the renowned Chicago Board Options (CBOE) BZX Exchange on Tuesday, June 27th. This groundbreaking development marks a significant milestone for the cryptocurrency industry and…