CBEE APPLIED TO SEC FOR THE FIRST THREE-FOLD LEVERAGE BITCOIN AND ETF

THE CBEE BZX EXCHANGE HAS SUBMITTED AN APPLICATION TO THE UNITED STATES SECURITIES AND EXCHANGE COMMISSION (SEC) FOR THE FIRST THREE-FOLD LEVERAGE BITCOIN AND ETF TO BE LISTED. THESE PRODUCTS ARE DESIGNED TO ACHIEVE A THREE-FOLD RETURN ON THE DAILY PERFORMANCE OF THEIR REFERENCE ASSETS BEFORE DEDUCTION OF COSTS AND EXPENSES. THE PROPOSAL ALSO COVERS COMMODITIES SUCH AS GOLD, SILVER, CRUDE OIL AND NATURAL GAS. EACH FUND WILL PURSUE A THREE-FOLD DAILY TARGET ASSOCIATED WITH ITS DESIGNATED BENCHMARK AND WILL USE, INTER ALIA, THE FIRST AND SECOND-MONTH FUTURES CONTRACTS TRADED AT CME. IT IS WORTH NOTING THAT THESE PRODUCTS DO NOT HOLD IN-KIND BITCOIN, IPO, GOLD, SILVER, CRUDE OIL OR NATURAL GAS, BUT MAINLY BASE FUTURES CONTRACTS AND CASH AND CASH EQUIVALENTS FOR BONDS OR MORTGAGES。