Volatility Shares Launches Leveraged Crypto ETFs for Major Altcoins
- Volatility Shares has introduced leveraged ETFs for Cardano, Stellar, and Chainlink.
- These ETFs offer investors a chance to gain up to two times the market exposure to these cryptocurrencies.
- The market caps for Cardano, Stellar, and Chainlink are $9 billion, $6.3 billion, and $5.6 billion respectively as of Wednesday afternoon.
- The SEC has advised against launching products with more than five times leverage due to risk concerns.
- Volatility Shares was the first firm to introduce leveraged crypto ETFs in the U.S., starting in early-2023.
Volatility Shares’ introduction of leveraged ETFs for Cardano, Stellar, and Chainlink marks a significant expansion in the availability of investment tools for major altcoins. The SEC’s recent caution about high-leverage products underscores ongoing regulatory scrutiny in this space.
With market caps ranging from $5.6 billion to $9 billion, these altcoins represent substantial segments of the cryptocurrency market, now accessible through leveraged ETFs offering twice the exposure potential.
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