The SEC has halted ProShares from moving forward with its new 3× leveraged crypto ETFs.

The proposals included:

• 3× Bitcoin

• 3× Ether

• 3× Solana

• 3× XRP

According to the SEC, these products violate leverage rules, meaning ProShares must revise the filings or withdraw them entirely. Nothing proceeds until changes are made.

#xrp #CPIWatch #IPOWave #CryptoIn401k #BinanceBlockchainWeek

SOL
SOL
85.64
+2.20%
BTC
BTC
75,968.35
+2.45%
ETH
ETH
2,319.83
+2.11%