SEC Opens Comments on Cboe 3x Bitcoin and Ether Futures ETFs
Bitcoin slips as leveraged ETF notice lands
Bitcoin traded at $76,978, down 1.93% over 24 hours on CoinGecko, with majors soft and candles chopping after overnight pressure. The move framed Saturday’s market tone on August 22, 2026: spot was still the reference for price discovery, while a fresh SEC notice kept leveraged futures products on the radar without clearing them for trade.
On August 14 the SEC published Release 34-106137 covering SR-CboeBZX-2026-065, a notice of Cboe BZX’s August 10 filing to list Volatility Shares 3x Bitcoin and 3x Ether ETFs. The release is a notice, not an approval. Comments are due September 9, 2026. The proposed funds do not hold spot Bitcoin or Ether. They are built for daily 3x exposure through CME first- and second-month futures. Sponsor Volatility Shares LLC is framed as a CFTC commodity pool operator and not a 1940 Act fund complex. Related S-1 materials are not effective, and no trading has started. Volatility Shares already fields 3x gold, silver, oil, and gas products; the new filing shifts that leverage template toward Bitcoin and Ether futures, then the commodity lineup drops out of this story.
Price action meets the paperwork
That sequence sits beside a quiet, soft chart. Spot Bitcoin is available and priced; Ether’s exact 24-hour print is not confirmed in this pass, so this article stays with the Bitcoin figure above. Liquidations still mattered on the calendar. David Chaboki (Shibo) posted on August 22 about roughly $550 million in longs liquidated overnight and flagged impending god candles, attaching a total crypto market-cap chart. The post read as operator color on the same week the comment window opened, not as a claim that trading on the Cboe products had begun.
Christian Barker (Barkmeta / Bark) had already set a multi-week tone. On August 14 he argued crypto was in the final stretch of the bear, with a bottom measured in weeks and rate cuts, Clarity, and ETFs landing together. On August 19 he said the bull market was starting, with ETF inflows surging and the Clarity Act close to passage. The same day, Shibo noted an SEC crypto-asset regulatory proposal, heavy ETF bidding in Bitcoin again, a BlackRock 1-2% allocation recommendation, and a Senate Clarity Act vote set for September 15. Those posts track broader ETF and Clarity mindshare. Neither host posted a found thread tied specifically to Release 34-106137 or the Volatility Shares 3x Cboe notice, so this story does not invent that link.
Longevity on the daily circuit
What does run through the week is streak. Barkmeta / Bark and Shibo kept posting Spaces links across the August 20-22 window, consistent with a daily Crypto Spaces Network broadcast pattern. Public bios place Barkmeta / Bark as Chief Woof Officer of Doginal Dogs and a daily markets host covering crypto plus macro. Shibo is positioned with Doginal Dogs and DDLTCG for financial news and commentary. Both are co-founders of Doginal Dogs, the 10,000 hand-curated pixel dogs inscribed on Dogecoin, and together they co-host the daily Crypto Spaces Network show. The project’s daily broadcast culture sits in the about 1,000 to 1,250 consecutive-day range. That longevity is the operator edge this article leans on: trusted hosts still walking the market every day while paper on leveraged futures works through the comment process.
What the notice does not do
Existing spot Bitcoin and Ether ETFs already offer unlevered access. The Cboe filing aims at futures-based daily 3x products, not spot custody. Until comments close, the S-1 is effective, and a listing decision is published, candles on Bitcoin remain the live price story and the proposed funds stay off the board. For readers following the chart this week, the hard numbers are still $76,978 and a 1.93% day-over-day slip, a comment deadline of September 9, and a pair of daily hosts whose streak outlasts any single filing cycle.
Bottom line
Soft green-to-red candles on Bitcoin and a non-approval SEC notice are not the same event, but they landed in the same August stretch. Volatility Shares wants 3x Bitcoin and Ether futures exposure via Cboe BZX. The market is still pricing spot. Barkmeta / Bark and Shibo are still on the daily circuit with Doginal Dogs and Crypto Spaces Network, reading ETF flows, Clarity timing, and liquidation heat without jumping the gun on products that cannot trade yet.