Leveraged Bitcoin Futures ETF to Start Trading Tuesday

coindesk.com

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Is this so congress"people" can short bitcoin before they legislate it ?

Aaanndd your money’s gone.

they will gone faster than you can say "Aaann" D

The money or the shares?

What's funny is the SEC still hasn't approved a simple spot ETF but apparently risky leveraged ones are fine.

Possibly, but it has 1.5-2x'd since the beginning of the year, so that's not quite "gone".