Bitcoin holding near $85k as the SEC clears Cboe BZX to list six 3x leveraged ETPs from Volatility Shares, spanning BTC, ETH, gold, silver, crude and nat gas — the crypto ones get exposure via futures

What happened: Bitcoin traded above $85,000 as the SEC approved a Cboe BZX rule change letting the exchange list six triple-leveraged ETPs from Volatility Shares. Key numbers: Bitcoin up 0.44% to $85,386 as of 01:30 ET, after briefly topping $87,000 earlier in the week. Why it matters: The approval could widen access to leveraged crypto exposure, though registration requirements must be completed before shares can be offered. It follows the SEC's separate proposed changes to crypto custody rules this week.

Bitcoin traded above $85,000 as the SEC approved a Cboe BZX rule change letting the exchange list six triple-leveraged ETPs from Volatility Shares.

The approval could widen access to leveraged crypto exposure, though registration requirements must be completed before shares can be offered. It follows the SEC's separate proposed changes to crypto custody rules this week.