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ETF Store President Nate Grassi stated that the US SEC has approved the first batch of 3x leveraged Bitcoin and Ethereum ETFs for listing and trading. According to SEC documents, the relevant products seek to achieve a 3-fold investment result in the daily performance of Bitcoin or Ethereum. Nate Grassi stated that less than three years ago, the lawsuit between the SEC and Grayscale over a regular spot Bitcoin ETF was not yet concluded, and now the regulatory environment has changed.