SEC clears Cboe listing rule for Volatility Shares 3x crypto futures funds

CryptoVideos brief
Built from 4 sources 4 Oct 2026 · 18:13 UTC 1 min read Main editor: Earl Jacobson

The SEC approved a Cboe BZX exchange rule change on Oct. 2, clearing a listing path for six Volatility Shares leveraged commodity funds, including 3x Bitcoin and Ether futures products. The products seek amplified daily crypto futures exposure. They use first- and second-month futures alongside cash collateral. The funds rebalance daily under normal circumstances. A 3x daily target does not promise triple cumulative Bitcoin or Ether returns. The order does not establish that registration is effective or trading has begun.

Key points

The SEC approved a Cboe BZX rule change for six Volatility Shares leveraged commodity funds, including a 3x Bitcoin ETF.
The products seek amplified daily exposure using first- and second-month futures and cash collateral.
Cboe's generic commodity-trust standards exclude leveraged products, so the six vehicles required individual review.
Daily compounding can make longer-term results diverge from three times the benchmark's cumulative change.
The funds rebalance daily under normal circumstances to maintain their stated exposure.

Why it matters

The approval creates a listing path for leveraged Bitcoin and Ether futures products on Cboe BZX. The funds use futures rather than direct crypto ownership, and the SEC order does not mean registration is effective or trading has begun.

What's unclear

Whether the funds' registration becomes effective and when trading might begin is not established by the SEC order.

Price context · BTC

At publication

$85,300.00

Now

$81,417.00

Change since

−4.55%

7 days

Sources · 4 publishers

CryptoSlate Tier 2 First report 4 Oct, 14:20 UTC

3x Bitcoin and Ether futures funds clear SEC listing hurdle

Bitcoin.com News Tier 2 4 Oct, 18:05 UTC

SEC Approves Listing of Bitcoin ETF Targeting 3x Daily Futures Moves

Unchained Tier 1 5 Oct, 09:38 UTC

SEC Clears Cboe to List Volatility Shares’ 3x Bitcoin and Ether Funds

CoinGape Tier 2 5 Oct, 16:54 UTC

SEC Approves First 3x Leveraged Bitcoin and Ethereum ETFs in the US

Coverage timeline

Oct 4, 14:20First reported by CryptoSlate
Oct 4, 18:05Also reported by Bitcoin.com News
Oct 4, 18:13CryptoVideos brief published
Oct 5, 09:38–16:542 more publishers added to sources

How this page is checked. AI drafted this brief from selected independent reports. Automated checks compare numbers, source coverage and topic terms, but may miss errors. Publication and evidence refreshes run automatically. Read the linked reports for context. Report an error