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International Business Times
International Business Times
Business
Marvie Basilan

Tuttle Capital Files For 10 Leveraged Crypto ETFs, Including $TRUMP, $MELANIA, $XRP

Crypto ETF SEC Eric Balchunas James Seyffart XRP Cardano Memecoin Bitcoin Chainlink
Another financial institution has filed for crypto ETFs, but some in the crypto community aren't sure how they feel about the development. (Credit: Got Credit/flickr)

KEY POINTS

  • Bloomberg's Seyffart noted that the filings highlight how issuers are 'testing' the SEC's limits on which crypto ETFs to allow
  • Eric Balchunas noted that the ETFs could be trading as early as April unless the SEC rejects them
  • The crypto community on X is divided over the filings, with some not being pleased with the development

Asset manager Tuttle Capital Management has reportedly filed for 10 different leverage cryptocurrency exchange-traded funds (ETFs), and a Bitcoin ETF isn't one of them, marking a new era in crypto ETF filings beyond the world's largest crypto asset by market cap.

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