Tuttle Capital Management recently made a request to launch 10 ETF crypto leverage, including the same $ Trump and $ Melania, created by the current US president Donald Trump and First Lady Melania Trump. These leverage effects aim to amplify the daily yields of underlying assets, thus offering potentially high winning opportunities, but also increased risks for crypto investors.
Crypto: Tuttle Capital offers 10 ETF with leverage 2x
The ETFs offered by Tuttle Capital include 2x lever effects to follow the performance of various cryptos such as XRP, Solana, Litecoin, Cardano, Chainlink, Polkadot, BNP, Bonk, Trump and Melania. This initiative marks a first in the United States for financial products according to assets like Chainlink, Cardano, Polkadot, BNP and Melania.
James Seyffart, analyst at Bloomberg, stressed that these deposits show how the issuers test the limits of what the dry will allow. Also, he mentioned that the new Task Force Crypto, led by Commissioner Hester Peirce, will probably play a key role in determining the Cryptos ETF that will be approved.
Eric Balchunas, on the other hand, noted that these ETFs could be available in April 2025, unless the dry rejects them. In addition, he added that the speed with which these products will be approved or rejected by the SEC will be interesting to observe.
An initiative that is not suitable for everyone
The Crypto community reacted to this news. Some investors have favorably welcomed the initiative, seeing in it an opportunity to expand trading and investment options. Others, on the other hand, expressed reserves, saying embarrassed by the evolution of the Circle of Crypto ETF in the United States.
Finally, the Tuttle Capital deposit for these 10 leverages therefore represents a significant advance in the field of financial products based on cryptocurrencies. If approved, these ETFs could offer new opportunities to Crypto investors, while testing the limits of current financial regulations.
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