Fun

Tuttle Capital Files For 10 Leveraged Crypto ETFs Including TRUMP And Cardano

News Feed - 2025-01-28 07:01:05

Tuttle Capital Management (TCM) has filed for ten different leveraged crypto ETFs in the United States, signaling an increasing interest from asset managers in leveraging cryptocurrencies and memecoins as viable investment vehicles. Tuttle Capital’s Crypto ETFs To Feature 2x Long Exposure


Based in Riverside, Connecticut, Tuttle Capital was founded in 2012 and specializes in providing investment management and advisory services.


The firm’s recent filing encompasses a range of well-known cryptocurrencies, including XRP, Solana (SOL), Litecoin (LTC), and Cardano (ADA), as well as more niche tokens like TRUMP, MELANIA, BONK, Chainlink (LINK), and Polkadot (DOT.  Related Reading Bollinger Bands Tighten On XRP Daily Chart – Major Price Move Ahead? 6 hours ago


The proposed ETFs are designed to provide a 2x long exposure to these digital assets, catering to investors looking to capitalize on the volatility and potential upside of the cryptocurrency market.


Bloomberg ETF experts James Seyffart and Eric Balchunas have noted the significance of this filing. Seyffart highlightedthat this marks the first US crypto ETFs filings for assets like Chainlink, Cardano, Polkadot, and even the memecoin MELANIA.  A Key Test For SEC Regulations?


The expert further emphasized that this is a pivotal moment for issuers as they test the boundaries of what the US Securities and Exchange Commission (SEC) will permit. 


The recent establishment of the new crypto task force, led by pro-crypto Commissioner Hester Peirce, is anticipated to play a crucial role in determining the regulatory landscape for such products. Related Reading Ethereum Poised To Test $2,800 Support Level If Market Downtrend Persists – Analyst 2 hours ago


Balchunas addedthat the crypto ETFs fall under the Investment Company Act of 1940, suggesting that unless the SEC disapproves the applications, these ETFs could potentially be available for trading as early as April. 


The expert remarked on the significance of the ongoing Dogecoin and TRUMP crypto ETF as well, noting that their lack of withdrawal after a week indicates a shifting attitude among regulators. The 1D chart shows ADA’s price trending downwards. Source: ADAUSDT on TradingView.com


Despite the new crypto ETFs filings, Cardano’s price dropped nearly 5%, losing the key $1 milestone. ADA is now trading at $0.92. 


Featured image from DALL-E, chart from TradingView.com 

News Feed

NFTSTAR and Neymar Jr․ to Release Beastmode Metaverse HUMAN NFT Drop
NFTSTAR and Neymar Jr․ to Release Beastmode Metaverse HUMAN NFT Drop press release PRESS RELEASE.The9 Limited (Nasdaq: NCTY) (“The9”), an established internet company, has new
Jesse Coghlan3 hours agoWhat’s next for the ‘crypto king’ Sam Bankman-Fried?The former FTX CEO is headed back to prison and awaits a potential second trial in March, while his lawyers pledged to “continue to vigo
XRP Price: Analyst’s ABC Correction Forecast Plays Out Perfectly, Second Half Predicts Bullish Impulse To $2.8
Este artículo también está disponible en español. The XRP price action has played out notable volatility in the past eight or so weeks, with intense trading activitynot s
Turner Wright8 hours ago‘The SEC has violated due process’ — Coinbase CLO on motion to dismiss lawsuitLawyers for Coinbase cited precedent from the SEC v. Ripple case, in which a judge ruled that XRP largely did no
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax
Binance Sees Record Increase in Indian Users After Government Starts Imposing New Crypto Tax The number of Indian users on cryptocurrency exchange Binance has soared after the Indi
Indian Crypto Exchanges Disable UPI, Other Payment Options
Indian Crypto Exchanges Disable UPI, Other Payment Options A number of cryptocurrency exchanges in India are disabling rupee deposits, particularly payments using the Unified Payme
Starknet’s STRK hits $7 on Binance as millions of tokens claimed on airdrop day
Gareth Jenkinson13 hours agoStarknet’s STRK hits $7 on Binance as millions of tokens claimed on airdrop dayEligible Starknet token recipients claimed millions of tokens as the Ethereum layer-2 opened its provisions por
Savannah Fortis1 hour agoGoogle makes AI disclosure mandatory in political campaign adsGoogle updated its political content policy to take effect starting November 2023, which will mandate disclosure of all AI-generated
Analyst Predicts XRP Price Will Reach $20-$30 — Elliott Wave Theory Holds The Key
Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and pu
Martin Young4 hours agoWeekend Wrap: Celsius’ Mashinsky fraud suit is on, Tether class suit dismissed and moreThe former Celsius CEO has been denied a lawsuit dismissal, Tether celebrates a minor court victory and Chin
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday
Bitcoin, Ethereum Technical Analysis: BTC Nears Breakout Below $29,000 on Wednesday Bitcoin fell to a one-week low on Apr. 19, as markets moved into consolidation following a recen
‘Big Short’ Investor Michael Burry Warns Governments Could ‘Squash’ Bitcoin
"Big Short" Investor Michael Burry Warns Governments Could "Squash" Bitcoin Hedge fund manager Michael Burry, famed for forecasting the 2008 financial crisis, ha