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Sense 👻
Less than 3 years ago, the SEC was still fighting over a plain spot Bitcoin $ETF. Now it has cleared the exchange rules for 3x $BTC and $ETH products. Kinda wild how fast this changed.
To me, the bigger signal is not the leverage itself. It’s that $BTC is being folded into the same product machine as gold, oil and natural gas.
These funds still need effective S-1 registrations before trading starts, so they’re not live yet. But the direction is hard to miss.
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