Key News from Last Night and This Morning (June 23-24)

Binance will launch perpetual contracts for three US stock leveraged ETFs—MVLL, TQQQ, and SQQQ—on June 29. Binance Futures will list MVLLUSDT, TQQQUSDT, and SQQQUSDT, three USDT-margined TradFi perpetual contracts, on June 29. The underlying assets are GraniteShares 2x Long MRVL Daily ETF (MVLL), ProShares UltraPro QQQ (TQQQ), and ProShares UltraPro Short QQQ (SQQQ). All three contracts are settled in USDT, offer up to 20x leverage, support 24/7 trading, have an 8-hour funding rate settlement cycle, and a funding rate cap of ±2%.