Elena Nikulina

James Seyffart: New 3x ETFs filed for gold, silver, Bitcoin, Ethereum, crude oil, and natural gas

James Seyffart: New 3x ETFs filed for gold, silver, Bitcoin, Ethereum, crude oil, and natural gas
SEC enables 3x ETFs for major assets

James Seyffart reports that new 3x leveraged ETFs have been filed following the recent SEC approval of a rule change under 19b4. These products will provide triple daily leverage for gold (GDLU), silver (SLVK), Bitcoin (BITH), Ethereum (ETHK), crude oil (OILY), and natural gas (NATX).

According to Seyffart, the SEC's decision enables a broader range of leveraged exchange-traded products tied to both traditional commodities and digital assets.

Seyffart recently reported that hedge funds have increased their positions in ETFs, according to their latest 13F filings here. He also covered an IRS notice affecting strategies like in-kind redemptions and box spreads here. These developments come as financial products and tax guidance continue to evolve.

This material may contain third-party opinions, none of the data and information on this webpage constitutes investment advice according to our Disclaimer. While we adhere to strict Editorial Integrity, this post may contain references to products from our partners.