The US capital markets board, the SEC (Securities and Exchange Commission), has announced that it has allowed the trading of the "2x Bitcoin Strategy ETF", a leveraged Bitcoin futures exchange-traded fund (ETF). This marks a shift in the cryptocurrency world, with the SEC earlier rejecting and withdrawing applications for leveraged and Bitcoin futures ETF applications. The approved ETF has been applied for by the company Volatility Shares and will begin trading on the CBOE on June 27, 2023. This development can be considered as an important step that shows that more adoption and investment opportunities for Bitcoin may increase.


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