Tuttle Capital Files for First Leveraged Crypto ETFs, Including Trump and Melania Memecoins

The proposed ETFs aim to deliver 200% of daily returns on various cryptocurrencies, pending SEC review under a potentially more crypto-friendly administration.

• Tuttle Capital Management has filed for 10 leveraged exchange-traded funds (ETFs) with the U.S. SEC, including products tracking Trump and Melania memecoins.
• The ETFs are designed to amplify daily returns or losses by 200% through swaps, call options, and direct investments, making them high-risk, high-reward products.
• This marks the first-ever ETF filings for assets like Chainlink, Cardano, Polkadot, and the Melania memecoin, alongside more established cryptocurrencies like XRP and Solana.
• The SEC, now under a potentially more crypto-friendly leadership, has until April to approve or disapprove the filings, as they fall under the 1940 Act framework.
• Analysts note the filings test the regulatory boundaries, with skepticism surrounding volatile memecoins but better prospects for more established tokens.

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