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VS Trust
VS Trust has filed an amended S-1/A registration statement for six 3x leveraged ETFs (GLDU, SLVK, BITH, ETHK, OILY, NATX) tracking gold, silver, bitcoin, ether, crude oil, and natural gas. These funds seek to achieve 3x the daily performance of their underlying assets, posing significant risks of total principal loss due to compounding effects and high volatility. The funds are not regulated under the Investment Company Act of 1940 and are structured as partnerships for U.S. federal income tax purposes.…more
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