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

69.03

-8.02%

BTC

63,524

-5.23%

ETH

1,772.74

-5.75%