SEC Opens Comment Period On Cboe 3x Bitcoin And Ethereum ETF Proposal

The SEC has opened a public comment period on Cboe BZX Exchange’s proposal to list six daily 3x leveraged Bitcoin and Ethereum futures ETFs.
The proposal, filed under SR-CboeBZX-2026-065, would cover commodity-pool products sponsored by Volatility Shares. The funds would seek three times the daily performance of front-month and next-month CME Bitcoin and Ethereum futures contracts, using daily reset mechanics.
That is a very different product from a spot ETF.
A 3x leveraged futures ETF is