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Tuttle files 10 leveraged crypto ETFs as issuers test limits: Analysts

Tuttle files 10 leveraged crypto ETFs as issuers test limits: Analysts

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Source: Coin Telegraph

Tuttle Capital filed for ETFs betting on memecoins, including from Donald and Melania Trump, in a move that analysts say will test Trump-era regulatory limits.

Tuttle Capital has filed for ten crypto-based leveraged exchange-traded funds (ETFs), including some for popular memecoins, with analysts saying issuers are testing the limits of Trump-appointed crypto-friendly regulators.

Tuttle’s proposed ETFs include funds that are two times leveraged long on memecoins from Donald Trump and his wife Melania, Bloomberg ETF analyst James Seyffart said in a Jan. 27 X post.

In addition to the Official Trump (TRUMP) and Melania Meme (MELANIA) tokens, Seyffart said that Tuttle’s other proposed funds include “a bunch of memecoin products and assets” that don’t have ETFs yet.

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Author: Stephen Katte