Tracking TRON Leveraged ETF Application Submitted to US SEC
According to ChainCatcher, the U.S. ETF Opportunities Trust has submitted an application to the SEC for the "T-REX 2X Long TRON Daily Target ETF," which aims to deliver twice the daily performance of TRON and has joined the queue of crypto funds awaiting SEC review.
The fund, initiated by REX Shares, will track the price of TRON through derivatives such as swaps. The SEC is currently evaluating several crypto ETF proposals, including those for SOL and DOGE, reflecting a more favorable regulatory environment. At the same time, the SEC is also studying a set of standards that could accelerate the ETF approval process, covering indicators such as market capitalization, degree of decentralization, and wallet distribution.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
JPMorgan Asset Management includes bitcoin in long-term assumptions for the first time: 10-year annualized return expected at 10%, but 55% volatility remains a concern
JPMorgan Asset Management has included Bitcoin in its long-term capital market assumptions for the first time, forecasting that its returns over the next decade may outperform stocks, bonds, and gold. This is regarded as a milestone for Bitcoin's acceptance on Wall Street.
ASML and others accelerate equipment delivery to Tesla SpaceX Terafab project
Crypto prices
More
