According to Decrypt, the U.S. Securities and Exchange Commission has approved a Cboe rule that permits six Volatility Shares funds—designed to triple daily price movements—to be listed on a U.S. exchange. The funds track Bitcoin, Ethereum, gold, silver, oil, and natural gas.
Under the rule, these products can trade publicly under the regulatory framework set by Cboe. The SEC’s decision does not include additional conditions or requirements beyond approval of the listing under this rule.
Volatility Shares funds function by aiming to deliver three times the daily return of their underlying asset under normal market conditions. The approved suite includes versions tied to Bitcoin, Ethereum, as well as commodities such as gold, silver, oil, and natural gas.
This approval marks the SEC’s formal clearance for these specific funds to offer trading access on a U.S. exchange platform governed by Cboe’s rules. The decision reflects the agency’s review of the rule under current regulatory standards without altering existing investor disclosure or risk guidelines.
