According to the source, high-leveraged crypto ETF applications have been put on hold following warnings from U.S. SEC staff; source: Dec 3, 2025 social media post. The source adds that the applications are paused pending further regulatory feedback, implying no near-term listings of higher-leverage exchange-traded crypto products; source: Dec 3, 2025 social media post. SEC investor guidance emphasizes that leveraged and inverse ETFs can magnify gains and losses and carry unique risks, a basis for stricter review that traders should factor into positioning and headline risk management; source: SEC Investor.gov, Leveraged and Inverse ETFs investor bulletin.