Volatility at its peak: 3x BTC ETFs approved

[LuckyCrypto777]

The first triple-leveraged funds on Bitcoin (and Ethereum) have been approved in the US. Their price will move approximately three times faster than BTC and ETH in a single day.
Such instruments are particularly risky, but the very fact that the SEC has approved them demonstrates how far crypto has already penetrated traditional markets.

In my opinion, this will increase volatility and slightly improve liquidity. After all, risk funds will be interested.

https://ru.tradingview.com/news/coinpedia:ae4fa82b5094b:0-sec-approves-3x-leveraged-bitcoin-ether-and-other-etps-for-listing/

[Oshosondy]

But bitcoin ETF 3X is very risky, just like those products like BTC 3X long on exchanges that are listed under the spot market. You can say it will give more liquidity, but the first thing you should think about is liquidation and how risky they are. I have been seeing some news about it recently I think in August or early September.

[LuckyCrypto777]

But bitcoin ETF 3X is very risky, just like those products like BTC 3X long on exchanges that are listed under the spot market. You can say it will give more liquidity, but the first thing you should think about is liquidation and how risky they are. I have been seeing some news about it recently I think in August or early September.

That's why I never traded with leverage. With a smart strategy and averaging, a normal trader can get by with a regular spot.

I'd guess that funds aren't just regular traders, and the loss of deposits won't be that significant in the overall ratio. But in any case, it's a boost to trading volumes.