SEC clears listing of Volatility Shares’ 3x Bitcoin and Ether ETFs

Bitcoin and Ether already move fast enough to give a cautious investor heartburn. Volatility Shares wants to triple that. On October 2, 2026, the Securities and Exchange Commission approved a rule change that lets the Cboe BZX Exchange list six triple-leveraged exchange-traded products from Volatility Shares. Two of them are the most eye-catching: a 3x Bitcoin ETF and a 3x Ether ETF. The approval marks the first time a US regulator has given a green light to crypto products with this much leverage. There is a catch, though, and it is a meaningful one. The funds can be listed, but they cannot start trading yet. What the SEC actually approved The SEC order, filed as Release 34-106577, signs off on the exchange’s ability to list the products. That is a separate step from letting investors buy them. Before either fund can trade, the SEC must declare its Form S-1 registration statement effective. The S-1 is the disclosure document that tells investors what they are buying and what can go wrong. The agency has not set a timeline for that review. The proposed tickers are BITH for the 3x Bitcoin ETF and ETHK for the 3x Ether ETF. No launch date has been announced for either. Both funds aim...