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

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