Cboe BZX is asking the Securities and Exchange Commission (SEC) for an exception to its own generic listing rules so it can list funds targeting three times the daily performance of Bitcoin and Ethereum futures.

The Aug. 10 proposal covers six Volatility Shares funds tied to Bitcoin, Ethereum, gold, silver, crude oil and natural gas. The crypto products would use futures traded primarily on CME rather than hold BTC or ETH directly.

The filing remains pending. An SEC notice dated Aug. 14 said the funds’ registration statement was not yet effective and the shares had not been authorized for trading.

The proposed funds would reset leverage every trading day, making longer-term returns dependent on the sequence of daily moves, futures…