Cboe pushes for 3x Bitcoin and Ethereum ETFs after 2x crypto funds suffer losses of up to 96%

The proposal remains pending, while ETHU's sponsor-reported -96.15% average annualized NAV figure through June 30 shows the stakes. The post Cboe pushes for 3x Bitcoin and Ethereum ETFs after 2x crypto funds suffer losses of up to 96% appeared first on CryptoSlate.
Coins in this story
Discussion
Related stories

Crypto wallet SafePal reveals a data breach exposing nearly 40,000 customers' order info
While the data breach exposed the personal order details of thousands of customers, all private keys, seed phrases, and crypto assets remain completely safe.

Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million
The state reserve is separately tied to IBIT, while the filing names neither the owning portfolio nor a reliable dollar value. The post Texas refuses to sell as its $10 million Bitcoin bet sinks to $6.6 million appeared first on CryptoSlate.

Wall Street finally turned staking into a dividend, now Ethereum and Solana want to shrink it
Grayscale's July 17 SEC filings said its Ethereum and Solana staking ETFs would convert staking rewards to cash and distribute them to shareholders at least quarterly, with the changes expected around Aug. 7. Solana and Ethereum are each weighing protocol changes that would reduce that income at the source. Solana…