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Summary from the TLDR Crypto newsletter

The first leveraged crypto ETF in the US, Volatility Shares' 2x Bitcoin Strategy ETF, ticker BITX, is set to launch on Tuesday after the SEC chose not to deny its application. This 2x ETF allows investors to double up on their exposure to bitcoin. The ETF will track the CME Bitcoin Futures Daily Roll Index. This development follows numerous traditional investment firms, like BlackRock, filing for bitcoin ETFs with the SEC over the past couple weeks.