Leveraged Bitcoin Futures ETF to Start Trading Tuesday

[DocFeind]

https://www.coindesk.com/policy/2023/06/23/leveraged-bitcoin-futures-etf-to-start-trading-tuesday-sponsor-says/

[carvking]

Is this so congress"people" can short bitcoin before they legislate it ?

[hall0ween]

Aaanndd your money’s gone.

[andirk → hall0ween]

Possibly, but it has 1.5-2x'd since the beginning of the year, so that's not quite "gone".

[EugenyP → hall0ween]

they will gone faster than you can say "Aaann" D

[trompetenaccoun → EugenyP]

The money or the shares?

What's funny is the SEC still hasn't approved a simple spot ETF but apparently risky leveraged ones are fine.