according to Reuters, the U.S. Securities and Exchange Commission (SEC) has issued warning letters to nine ETF providers including Direxion, ProShares, and GraniteShares, requesting a full response to risk issues regarding ETFs proposed to offer more than 2x leveraged exposure (including some crypto products). "We are writing to express concerns about registered exchange-traded funds that aim to provide more than 2x leveraged exposure to underlying indices or securities."
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The U.S. Securities and Exchange Commission (SEC) issued warning letters to nine ETF providers, demanding they address the risks associated with their proposed high leverage.
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The US spot Bitcoin ETF saw a net outflow of $400.24 million yesterday.
according to Trader T's monitoring, the US spot Bitcoin ETF had a net outflow of 400.24 million USD yesterday. -
The US spot Ethereum ETF saw a net outflow of $159.94 million yesterday.
according to Trader T monitoring, the US spot Ethereum ETF had a net outflow of $159.94 million yesterday.
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