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Crypto Market News<\/strong>: The U.S. Securities and Exchange Commission\u2019s (SEC) approval of 2x Bitcoin Strategy ETF, additionally referred to as BITX, paves approach for the Volatility Shares ETF launch on Tuesday, June 27, 2023. This will make the trade traded fund (ETF) the primary ever leveraged crypto ETF to get the SEC\u2019s nod. The Volatility Shares ETF will enable prospects to realize publicity to the crypto market<\/a> with simply 50 per cent of Bitcoin price. Meanwhile, the BTC price surpassed the $31,000 mark on Friday, within the context of latest news of Blackrock submitting for Bitcoin ETF utility with the SEC.<\/p>\n Also Read: Coinbase Wins In US Supreme Court Consumer Lawsuit Ruling<\/strong><\/a><\/p>\n <\/p>\n Apart from Blackrock, Valkyrie Investments and Bitwise additionally plan to launch its Bitcoin ETF fund. This renewed curiosity in crypto market from mainstream monetary giants led to important restoration in Bitcoin price<\/a>.<\/p>\n <\/p>\n The Volatility Shares administration stated that the SEC had not denied its ETF utility to date. This primarily leaves the corporate open to launching the Bitcoin ETF, said<\/a> Stuart Barton, the corporate\u2019s chief funding officer. The ETF submitting stated that the Volatility Shares ETF will hyperlink up with CME Bitcoin Futures Daily Roll Index.<\/p>\nVolatility Shares 2x Bitcoin Strategy ETF Launch<\/h2>\n