
Cboe Seeks SEC Rule Exception for 3x Leveraged Crypto and Commodity ETFs
Cboe BZX filed a proposal with the SEC to list six Volatility Shares funds offering 3x daily leveraged exposure to Bitcoin, Ethereum, and four commodities.

Cboe BZX filed a proposal with the SEC to list six Volatility Shares funds offering 3x daily leveraged exposure to Bitcoin, Ethereum, and four commodities.

Cboe BZX a demandé l'autorisation à la SEC pour lister les premiers ETF américains à effet de levier 3x sur le Bitcoin et l'Ether, une démarche risquée en raison de l'effet de composition.

The US Securities and Exchange Commission (SEC) will host a public roundtable in September to discuss transitioning to 24-hour trading in US equity markets, aligning with global trends and potentially offering continuous access to retail investors.

CryptoQuant advised Strategy to halt Bitcoin buys, citing a drop in dividend coverage from seven years to 14 months due to increased obligations and shrinking cash. Meanwhile, CBOE considers perpetual crypto futures, Zcash miner Fortitude plans a Nasdaq listing via merger, and Chainlink collaborates with banks on stablecoin FX settlement.

Global markets operator Cboe has launched its first predictions market product, featuring binary option contracts based on the Mini-S&P 500 Index. This move taps into the growing consumer demand for speculating on real-world events, with platforms like Kalshi and Polymarket seeing significant trading volume increases.

The Chicago Board Options Exchange (CBOE) is exploring converting its Bitcoin and Ether futures to perpetual futures, a move to compete in the rapidly growing crypto derivatives market following recent US regulatory approvals. Perpetual futures, popular for their lack of expiration dates, have seen significant trading volume.

Schwab is reportedly collaborating with Cboe to offer prediction markets directly on brokerage platforms, potentially integrating them alongside stocks and options. This move aims to simplify access for retail investors by leveraging existing brokerage infrastructure, bypassing the complexities of crypto platforms.

Charles Schwab is reportedly collaborating with Cboe Global Markets to launch prediction markets focused on S&P 500 performance. The markets will allow users to wager on the index's performance, similar to existing prediction platforms, and are expected to roll out in the coming months.

미국 증권사 찰스 슈왑이 시카고옵션거래소와 협력해 S&P 500 지수 목표 도달 여부에 베팅하는 바이너리 옵션 상품 출시를 준비 중이다. 이 상품은 기초자산 가격이 목표 수준 이상으로 오르면 정해진 금액을 받지만, 미달하면 아무것도 받지 못하는 구조다.

Nvidia's upcoming earnings report faces high expectations, with options pricing suggesting traders anticipate a significant stock move. However, historical data shows implied volatility has often overestimated actual post-earnings swings, and shares have recently declined after reports.

US stocks rebounded from a potential major sell-off, with the Nasdaq 100 rallying 1.5% and the S&P 500 closing just 12 points lower. Despite market turbulence, the Cboe VIX Index (volatility measure) ended lower, suggesting a potential hedging opportunity as semiconductor stock volatility outpaces the broader market. Options traders showed interest in VIX calls, while bearish sentiment was clear in long-term bond ETFs following CPI data.

Retail traders are buying calls at the heaviest 10-day clip since 2021, with 52% of new positions being call-buying, amid a surge in tech stocks and a new record for the Nasdaq-100.

The S&P 500 reached record highs while the VIX 'fear gauge' also rose, an unusual combination that typically occurs only 20% of the time. Analysts offer two interpretations: a bearish view where investors doubt new highs and hedge against risks like Iran conflict and crude oil, or a bullish perspective where traders are buying expensive upside calls in semiconductors and tech stocks. The VanEck Semiconductor ETF shows 25% larger call premiums than puts, with Marvell Technology stock doubling since earnings and traders paying $2.4 million for June call contracts.