KuCoin Confirms SEC Approval for 3x Bitcoin and Ether ETPs
KuCoin has confirmed that the SEC has given the greenlight for 3x leveraged Bitcoin and Ether ETPs.
Cryptocurrency exchange KuCoin has confirmed regulatory clearance from the United States Securities and Exchange Commission (SEC) for 3x leveraged Bitcoin and Ether exchange-traded products (ETPs), according to Cryptonews.
SEC Clearance Confirmed
Instant Telegram notifications for large on-chain moves.
The development marks an expansion of regulated cryptocurrency investment vehicles available to market participants. The approved instruments offer magnified exposure to price movements of the two largest digital assets by market capitalization.
Key facts
- KuCoin confirmed SEC approval for 3x Bitcoin and Ether ETPs.
- The products provide leveraged exposure to both Bitcoin and Ether.
Source: news.google.com
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