Leveraged Crypto ETFs Launch in Europe

Leverage Shares to Offer Triple-Leveraged Ethereum and Bitcoin Options in EuropeEuropean investors can soon make bigger, leveraged bets on cryptocurrencies like Ethereum and Bitcoin with Leverage Shares new triple-leveraged short and long options. These products, set to launch next week on the SIX Swiss stock exchange, aim to amplify returns but also increase risk during volatile market times. The timing of these offerings comes as Bitcoin and Ethereum have experienced significant weekly drops. Similar leveraged products are emerging for other cryptocurrencies, raising concerns about potential systemic risk in the market.The Daily News Now! — Every city. Every story. AI-powered. Hosted on Acast. See acast.com/privacy for more information.