SEC approves Cboe BZX to list six new products from Volatility Shares: 3x BTC, ETH, gold, silver, crude oil, and natural gas. Bitcoin and Ethereum are increasingly being seen as mainstream assets. This marks the first time the U.S. has approved 3x leveraged BTC/ETH exchange-traded products; the underlying assets are CME futures, not spot holdings. The leverage cap for U.S. crypto products was previously 2x (Volatility Shares already has BITX and ETHU), now officially stepping up to 3x.