Volatility Shares has filed for groundbreaking 5x leveraged ETFs targeting Bitcoin, Ethereum, and Solana, as revealed by Bloomberg ETF analyst Eric Balchunas. This bold move surpasses even the 3x leveraged products currently awaiting SEC approval. The application arrives amidst speculation of a potential government shutdown, possibly motivating Volatility Shares to preemptively submit the filing. This would allow for consideration despite regulatory uncertainty. While the SEC has yet to approve even 3x leveraged crypto ETFs, the demand for amplified exposure to cryptocurrencies continues to grow. Volatility Shares' proposal highlights this trend and tests the boundaries of regulatory acceptance in the evolving digital asset landscape. Approval remains uncertain given the inherent risks associated with leveraged products and the SEC's cautious approach to crypto ETFs. ```