Leverage Shares to list world’s first 3x and -3x Bitcoin and Ethereum ETPs on SIX next week as crypto prices plunge
first published 2025-11-22T15:59:06Z
Leverage Shares will launch the world’s first 3x and -3x leveraged Bitcoin and Ethereum exchange traded products on the SIX Swiss exchange, enabling amplified long and short bets and expected to begin trading next week. The launch comes amid volatile markets — BTC and ETH fell ~11.8–14% over the past week — and follows other leveraged crypto ETF moves (Volatility Shares’ 5x filings, 21Shares’ 2x Dogecoin ETF). The article cites recent large liquidation events (a $19B cascade on Oct. 10 and over $2.2B in subsequent liquidations) as context for heightened risk.
AI Analysis
The products introduce 3x and -3x leveraged long/short exposure to BTC and ETH and will start trading on SIX next week (concrete market event). The story cites significant near-term sell pressure (BTC/ETH down ~11.8–14% in the past week) and large liquidation events ($19B cascade plus >$2.2B more), which increases downside risk for holders of leveraged products and could amplify volatility.
Expected Investor Sentiment: Neutral
Potential Market Impact: Significant
