According to CoinMeta, SEC has initiated a public comment period for the proposal ETF by CBOE BZX exchange regarding six daily 3x leverage Bitcoin and Ethereum futures contracts. The proposal aims to achieve a daily performance three times that of the Bitcoin and Ethereum futures contracts from the previous month and the month following, utilizing a daily reset mechanism. The initiation of this process does not imply that these products have been approved; rather, the comment period provides an opportunity for market participants, investors, and other stakeholders to provide their feedback. The review process for this proposal indicates that the digital asset ETF market is expanding rapidly, and regulators are being asked to determine the appropriate level of complexity for these products.