Roundhill once attempted to launch a 4x SPY ETF, b

Crypto Newbie

01-31 03:15

Roundhill once attempted to launch a 4x SPY ETF, but their application was rejected by the U.S. Securities and Exchange Commission (SEC). This failure may finally deter those "2x or higher" ETF applications that resurface after being rejected, but given the inertia of the ETF industry, it's unlikely to be effective. Thanks to @Todd_Sohn for sharing.

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