## SEC Approves First 3x Leveraged Bitcoin and Ethereum ETFs in the US Coingapestaff Highlights - SEC approved six 3x leveraged ETFs covering Bitcoin, Ethereum, gold, silver, oil, and gas markets. - The Bitcoin and Ethereum funds will track regulated futures contracts rather than directly holding crypto. - Trading cannot begin until Volatility Shares receives effective registration statements for the newly approved ETFs. The SEC has approved the first 3x leveraged Bitcoin and Ethereum ETFs in the United States, paving the way for more highly leveraged bitcoin trading products linked to…