Volatility Shares is set to launch a leveraged long exposure to bitcoin futures contracts through the first US-based ETF, offering convenient and liquid access to leveraged bitcoin exposure through a traditional brokerage account amid legal uncertainty. The fund seeks investment results corresponding to two times the excess return of the S&P CME Bitcoin Futures Daily Roll Index for a single day. The Securities and Exchange Commission’s voluntary nod for the product is seen as significant as it could signal a general “lightening up” when it comes to bitcoin products.

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