Direxion Submits Five Leveraged Spot Bitcoin ETF Applications
Direxion filed to register five leveraged Bitcoin ETFs with the U.S. Securities and Exchange Commission (SEC) on January 18. According to documents from Direxion, there are plans to establish one Bitcoin fund for each fund with short leverage and one with long leverage of 1x, 1.5x, and 2x. Exchange-traded funds designed to mimic the daily […]