The SEC Approves the First 3x Bitcoin and Ether Funds: Understanding the Risks Involved

Impact · against what's priced in

The SEC's approval of 3x leveraged crypto ETFs is not a material catalyst for the listed companies. For SoFi, a promotional offer for new users is an operational detail that does not meaningfully accelerate the high-growth revenue targets the market is currently discounting.

SOFI+0.00

Doesn't touch the price's assumptions

The price assumes

Whether SoFi can accelerate its fee-based Financial Services and Technology Platform revenue fast enough to offset a high-rate lending environment