HYPE ETF: 21Shares Files for 2x Leveraged ETF in the U.S.
Wall Street's latest crypto gambit just doubled down—literally.
The Leverage Play
21Shares officially filed paperwork for a 2x leveraged ETF targeting U.S. markets, pushing regulatory boundaries while traditional finance scrambles to catch the digital asset wave. The filing represents the most aggressive mainstream crypto product proposal to date.
Risk Amplified
Leveraged ETFs magnify both gains and losses—perfect for volatile crypto markets where 20% daily swings have become almost routine. The 2x multiplier means investors could see their position value halve in a single bad trading session.
Regulatory Hurdles
The SEC remains notoriously skeptical about crypto leverage products, having rejected multiple similar proposals over compliance concerns and investor protection arguments. 21Shares' application tests whether the regulatory climate has truly thawed.
Because nothing says 'mature asset class' like betting the house with borrowed money—Wall Street's finally speaking the crypto crowd's language.