LMBO and REKT: Direxion debuts leveraged ETFs tracking crypto equities
Despite the fun-sounding tickers, the two newly launched Direxion funds saw less than $50,000 in combined trading volume on their first trading day. Go to Source
Direxion
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SEC reportedly knocks back Valkyrie’s leveraged Bitcoin ETF
The SEC does not appear to have the appetite for more exotic Bitcoin futures products. Go to Source Powered by WPeMatico
New Bitcoin ETFs filed: One for bears, the other with ‘leverage for ants’
ETF issuers are getting creative with two new filings for inverse and leveraged funds. Go to Source Powered by WPeMatico
SEC Wants Second Look at Nine Bitcoin ETFs
One day after the U.S. Securities and Exchange Commission (SEC) rejected proposed rule changes for nine bitcoin ETFs, the Commission initiated a review of all related decisions. Three rejection orders made on August 22 are now stayed pending the review by the SEC Chairman and the Commissioners. Also read: Yahoo! Japan Confirms Entrance Into the Crypto … Read more
Bitcoin ETFs Rejected Again: SEC Denies 9 Hopefuls in 3 Decisions
The United States Securities and Exchange Commission (SEC) has issued three published decisions, covering nine different Bitcoin ETFs. Applications put forward by Direxion, Pro Shares, and Granite Shares were rejected along largely the same lines of argument. Also read: Meet Bitmain Founder Jihan Wu: A Most Important Man in Crypto Bitcoin ETFs Denied in Three Published … Read more
