SEC Approved 3x Leveraged Crypto and Commodity ETFs

New exchange rules will allow investors to trade six triple-leveraged funds tied to major assets like Bitcoin and gold.

Updated on Oct. 3, 2026 in Stock Markets

Isometric editorial illustration featuring a stack of gold bars, a digital crystal, and a barrel, representing new leveraged financial assets. — The SEC approved a rule change allowing the Cboe BZX exchange to list six new 3x leveraged exchange-traded funds tied to commodities and cryptocurrency. AI Illustration. Upload story photo >

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The SEC has approved a rule change for the Cboe BZX exchange that enables the listing and trading of six new 3x leveraged exchange-traded products. These financial vehicles provide three times the daily exposure to the performance of underlying commodities and cryptocurrencies.

Why it matters

The approval allows for amplified trading strategies using funds tied to Bitcoin, Ether, gold, silver, crude oil, and natural gas. These products change the risk profile of market exposure for those utilizing leveraged instruments to track these specific asset classes.

The SEC authorized a rule change for the Cboe BZX exchange covering six distinct 3x leveraged products. These funds are designed to provide triple the daily returns of assets including Bitcoin, Ether, gold, silver, crude oil, and natural gas.

The players

SEC

The federal agency responsible for protecting investors and maintaining fair, orderly, and efficient markets through regulation.

Cboe BZX

A prominent U.S. securities exchange that facilitates the listing and trading of various exchange-traded products.

The details

Leveraged exchange-traded products aim to deliver a multiple of the daily performance of an underlying index or asset. By utilizing a 3x multiplier, a fund seeks to generate 300% of the daily movement of the target asset, which can significantly magnify both potential gains and losses for holders. These funds are typically designed for short-term trading rather than long-term buy-and-hold strategies due to the impact of daily rebalancing.

October 3, 2026: The SEC approved the Cboe BZX exchange rule change.

Money Landscape

This approval represents a continued expansion of the types of complex financial instruments available to public markets. It follows the established oversight framework mandated by the Securities Exchange Act of 1934 for exchange listing standards.

Investors considering these products should review the unique risks associated with daily leverage and the potential for rapid value shifts. Because 3x funds are designed for short-term tactical exposure, it is essential to consult with a professional to determine if they fit your risk tolerance.

The takeaway

Leveraged products carry distinct risks that differ significantly from holding the underlying assets directly. Investors should review the specific prospectus for any fund they consider to understand the mechanics of the 3x multiplier and the impact of daily rebalancing on returns.