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Europe's first 3x leveraged BTC/ETH ETF to launch in Switzerland next week
[BlockBeats] Big moves are coming to the European market next week. In London, an ETF provider called LeverageShares is preparing to launch four major products on the Swiss SIX Exchange—3x long and 3x short ETFs for both BTC and ETH.
This approach is pretty aggressive, giving you full leverage right away. Bullish? There’s a 3x long Bitcoin and a 3x long Ethereum. Bearish? Go for the 3x short versions. All four directions are covered, so both retail and institutional investors can find their own hedging tools.
To be honest, these high-leverage ETFs have been available in the US for a while, but this is a first for Europe. For those who want to trade crypto assets within a traditional financial framework, here’s another option. But with 3x leverage, you can win big or lose big, so make sure to assess your own risk tolerance before jumping in.