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CoinOtag 2025-12-05 05:46:06

SEC Halts ProShares’ 3x Leveraged Bitcoin ETF Plans Over Federal Limits

The U.S. Securities and Exchange Commission (SEC) has blocked ProShares' proposed 3x leveraged crypto ETFs for Bitcoin, Ether, Solana, and XRP, citing violations of federal leverage limits under Rule 18f-4. This halt prevents issuers from launching high-risk products amid rising market volatility, ensuring investor protection without speculation on future approvals. SEC Halted 3x Crypto ETF [...]

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