Volatility Shares Files for 5x Leveraged Bitcoin, Ethereum, and Solana ETFs

Crypto News

Volatility Shares has filed applications with the Securities and Exchange Commission to introduce leveraged exchange-traded funds offering five times daily exposure to major digital assets. The proposed lineup includes Bitcoin, Ethereum, XRP, and Solana funds.

These leveraged products use debt positioning to amplify investor returns beyond standard asset tracking. While gains can multiply significantly, potential losses also increase proportionally. The filings represent an expansion of existing crypto ETF offerings in traditional markets.

The firm previously submitted paperwork for three times leveraged crypto funds. In March, it launched two Solana futures ETFs, including one providing double daily exposure. Leveraged products have gained traction since regulators approved spot Bitcoin ETFs in January 2024.

Asset managers like BlackRock and Fidelity entered the space with standard Bitcoin ETFs that achieved record-breaking launches. Ethereum funds followed months later. The success has opened doors for more experimental product structures.

Beyond direct crypto exposure, Volatility Shares is planning amplified funds that track crypto-related equities. Proposed offerings include positions in Coinbase, Strategy, and Tesla stock. These would provide leveraged exposure to companies holding digital assets in their treasuries.

Miami-based Defiance ETF already operates MSTX, which offers 175% leveraged exposure to Strategy's stock. The company maintains significant Bitcoin holdings as part of its corporate treasury strategy. Similar products could emerge for other treasury firms.

Applications for altcoin ETFs continue to expand, with Dogecoin among assets seeking regulatory approval. Several funds have begun trading despite ongoing review processes. The leverage ETF category represents the latest evolution in crypto investment vehicles, targeting traders seeking amplified exposure to digital assets.