Tuttle Files Application for 10 Crypto ETFs

Tuttle Capital Management is taking a step forward by submitting filings to the US Securities and Exchange Commission (SEC) in order to introduce a set of exchange-traded funds tied to Chainlink (LINK), Cardano (ADA), and Polkadot (DOT).

The proposed leveraged ETFs include one for the Melania meme coin (MELANIA), as well as XRP (XRP), Bonk (BONK), BNP, Solana (SOL), Litecoin (LTC), and the meme coin linked to former US President Donald Trump (TRUMP).

Analyst James Seyffart from Bloomberg Intelligence believes that this is a test to see the limits of what the SEC will allow, and anticipates that the new crypto task force, headed by Hester Peirce, will play a crucial role in determining which products will be approved.

These filings by the investment advisory firm come at a time when the SEC is undergoing changes, with Acting Chair Mark Uyeda, who is pro-crypto, taking over from Gary Gensler, giving hope to the industry for potential approval under a Trump administration.