We use cookies to personalise content and ads, to provide social media features and to analyse our traffic. We also share information about your use of our site with our social media, advertising and analytics partners who may combine it with other information that you’ve provided to them or that they’ve collected from your use of their services.
Necessary cookies help make a website usable by enabling basic functions like page navigation and access to secure areas of the website. The website cannot function properly without these cookies.
_cfuvidThis cookie is a part of the services provided by Cloudflare - Including load-balancing, deliverance of website content and serving DNS connection for website operators.
Maximum Storage Duration: SessionType: HTTP Cookie
__cf_bm [x7]This cookie is used to distinguish between humans and bots. This is beneficial for the website, in order to make valid reports on the use of their website.
CookieConsentStores the user's cookie consent state for the current domain
Maximum Storage Duration: 1 yearType: HTTP Cookie
Preference cookies enable a website to remember information that changes the way the website behaves or looks, like your preferred language or the region that you are in.
We do not use cookies of this type.
Statistic cookies help website owners to understand how visitors interact with websites by collecting and reporting information anonymously.
We do not use cookies of this type.
Marketing cookies are used to track visitors across websites. The intention is to display ads that are relevant and engaging for the individual user and thereby more valuable for publishers and third party advertisers.
We do not use cookies of this type.
Unclassified cookies are cookies that we are in the process of classifying, together with the providers of individual cookies.
List of domains your consent applies to: [#BULK_CONSENT_DOMAINS#]
Cookie declaration last updated on 8/12/26 by Cookiebot
[#IABV2_TITLE#]
[#IABV2_BODY_INTRO#]
[#IABV2_BODY_LEGITIMATE_INTEREST_INTRO#]
[#IABV2_BODY_PREFERENCE_INTRO#]
[#IABV2_BODY_PURPOSES_INTRO#]
[#IABV2_BODY_PURPOSES#]
[#IABV2_BODY_FEATURES_INTRO#]
[#IABV2_BODY_FEATURES#]
[#IABV2_BODY_PARTNERS_INTRO#]
[#IABV2_BODY_PARTNERS#]
About
Cookies are small text files that can be used by websites to make a user's experience more efficient.
The law states that we can store cookies on your device if they are strictly necessary for the operation of this site. For all other types of cookies we need your permission.
This site uses different types of cookies. Some cookies are placed by third party services that appear on our pages.
You can at any time change or withdraw your consent from the Cookie Declaration on our website.
Learn more about who we are, how you can contact us and how we process personal data in our Privacy Policy.
Please state your consent ID and date when you contact us regarding your consent.
Enjoying NewsLayer?
Get breaking crypto stories the second they drop — join our Telegram channel.
Institutional demand across the crypto market has weakened, leaving investors hesitant and exchange-traded fund flows under pressure.
Despite these conditions, more ETF products are preparing to enter the market.
The SEC reported that Cboe BZX Exchange had filed a proposed rule change covering two Volatility Shares funds. These products included a 3x Bitcoin ETF and a 3x Ether ETF.
Could 3x Bitcoin and Ether ETFs launch?
According to the SEC filing, Cboe BZX Exchange sought approval to list several leveraged commodity-based funds.
The proposed lineup included 3x Bitcoin and Ether ETFs. It also covered products tracking gold, silver, and crude oil. If approved, the crypto funds could become America’s first triple-leveraged Bitcoin and Ethereum ETFs.
Both funds would primarily use CME Bitcoin and Ethereum futures. They would target three times their assets’ daily performance.
However, that leverage would reset daily. Returns over longer periods may differ significantly from three times the assets’ cumulative performance.
Source: SEC.gov
The funds would operate as commodity pools under the Commodity Futures Trading Commission’s framework.
Even so, Cboe’s proposed listing rule change still required SEC approval. Volatility Shares LLC would sponsor the funds, which would become a series of the VS Trust.
For Volatility Shares, leveraged crypto ETFs were familiar territory. The company already offered 2x Bitcoin and Ether ETFs.
Can 3x crypto ETFs revive demand?
Cboe’s filing arrived as Bitcoin ETF demand weakened and selling pressure intensified. According to SoSoValue, Bitcoin Spot ETFs recorded three consecutive days of Net Outflows.
Source: SoSoValue
In fact, Whale Insider reported $389.7 million in weekly Bitcoin ETF selling.
On the 14th of August, Bitwise’s BITB recorded $6 million in Net Inflows. However, total Bitcoin ETF Net Outflows reached $57 million. Ethereum [ETH] ETF flows painted a different picture. These funds recorded Net Inflows during two of the previous three days.
Source: SoSoValue
Ethereum ETFs attracted $14 million in combined Net Inflows during that period. Still, earlier Net Outflows outweighed those recent additions.
Overall, Bitcoin [BTC] and Ethereum ETF flows remained under pressure. The filing introduced more leverage into the market. Whether investors currently want more exposure remains the bigger question.
Final Summary
Cboe filed to list Volatility Shares’ proposed 3x Bitcoin and Ether ETFs. The funds would target three times Bitcoin’s and Ether’s daily performance through CME futures.
Bitcoin Spot ETFs recorded three consecutive days of Net Outflows.