Leverage Shares applies for an inverse Bitcoin ETF, entering the U.S. market for shorting tools.
Leveraged Shares on March 30 filed with the SEC to launch a reverse Bitcoin ETF, offering two leverage ratios: -1x and -2x. The product is designed to inversely replicate Bitcoin’s price movement on a daily basis, but it carries risks such as volatility decay and liquidity mismatch. The SEC’s review will especially focus on risks of market manipulation and investor protection; if approved, it will help bring crypto derivatives into the mainstream market.
MarketWhisper·03-31 03:26
