Leverage Shares Files Three Bitcoin Volatility-Linked ETF Applications

Bloomberg ETF analyst Eric Balchunas said on X that the March 31 filings include daily long, 2x daily long, and -1x daily short products tied to Bitcoin volatility.

BTC

Summary

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Terms & Concepts
  • ETF: An exchange-traded fund is a listed investment product that tracks an asset, index, or strategy and can be traded on stock exchanges.
  • Daily short product: A fund designed to deliver the opposite of a benchmark’s daily performance, often using derivatives and resetting each trading day.
  • Leverage: The use of borrowed exposure or derivatives to amplify gains and losses relative to an underlying asset or index.