{"id":20694,"date":"2025-01-28T12:24:29","date_gmt":"2025-01-28T10:24:29","guid":{"rendered":"https:\/\/forklog.com\/en\/tuttle-capital-seeks-approval-for-memecoin-etfs-including-trump-and-melania\/"},"modified":"2025-01-28T12:24:29","modified_gmt":"2025-01-28T10:24:29","slug":"tuttle-capital-seeks-approval-for-memecoin-etfs-including-trump-and-melania","status":"publish","type":"post","link":"https:\/\/u1f987.com\/en\/tuttle-capital-seeks-approval-for-memecoin-etfs-including-trump-and-melania\/","title":{"rendered":"Tuttle Capital Seeks Approval for Memecoin ETFs Including TRUMP and MELANIA"},"content":{"rendered":"<p>Tuttle Capital Management has submitted a proposal to the <span data-descr=\"U.S. Securities and Exchange Commission\" class=\"old_tooltip\">SEC<\/span> to register ten 2x leveraged crypto-ETFs, including those based on the memecoins<a href=\"https:\/\/u1f987.com\/en\/news\/what-to-know-about-donald-trumps-memecoin-surge-supply-and-industry-impact\"> TRUMP<\/a> and<a href=\"https:\/\/u1f987.com\/en\/news\/melanias-meme-coin-leaves-traders-pining-for-gary-gensler\"> MELANIA<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">NEW: <a href=\"https:\/\/twitter.com\/TuttleCapital?ref_src=twsrc%5Etfw\">@TuttleCapital<\/a> just filed for 10 different leveraged crypto asset ETFs. Including a bunch of memecoin products and assets that don&#8217;t have ETPs yet. <a href=\"https:\/\/t.co\/i8X0rSdbK7\">pic.twitter.com\/i8X0rSdbK7<\/a><\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a href=\"https:\/\/twitter.com\/JSeyff\/status\/1883983059210657909?ref_src=twsrc%5Etfw\">January 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<p>Other products are based on XRP, Solana, Litecoin, Bonk, BNP, Cardano, Chainlink, and Polkadot.<\/p>\n<p>Bloomberg analyst James Seyffart jokingly remarked about starting a campaign to bring back <a href=\"https:\/\/u1f987.com\/en\/news\/gary-genslers-departure-a-retrospective-on-the-sec-chairs-tenure\">Gary Gensler<\/a>.<\/p>\n<blockquote class=\"twitter-tweet\">\n<p lang=\"en\" dir=\"ltr\">To be very clear here. This is a case of issuers testing the limits of what this SEC is going to allow. I&#8217;m expecting the new crypto task force (led by <a href=\"https:\/\/twitter.com\/HesterPeirce?ref_src=twsrc%5Etfw\">@HesterPeirce<\/a>) to likely be the lynchpin in determining what&#8217;s gonna be allowed vs what isn&#8217;t<\/p>\n<p>\u2014 James Seyffart (@JSeyff) <a href=\"https:\/\/twitter.com\/JSeyff\/status\/1883985292283240907?ref_src=twsrc%5Etfw\">January 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cThis is a case of issuers testing the boundaries of what the regulator might permit,\u201d<\/em> he commented.<\/p>\n<\/blockquote>\n<p>Seyffart&#8217;s colleague, Eric Balchunas, noted that if approved, the instruments could be listed as early as April.<\/p>\n<blockquote class=\"twitter-tweet\" data-conversation=\"none\">\n<p lang=\"en\" dir=\"ltr\">Also note this is a 40 act filing so in theory unless the SEC disapproves them they could be out and trading in April. Will be interesting to see where the SEC draws line (if at all) and why. I will say it\u2019s been a week since Doge\/Trump filing and it hasn\u2019t been withdrawn. That\u2019s\u2026<\/p>\n<p>\u2014 Eric Balchunas (@EricBalchunas) <a href=\"https:\/\/twitter.com\/EricBalchunas\/status\/1883988500799685107?ref_src=twsrc%5Etfw\">January 27, 2025<\/a><\/p><\/blockquote>\n<p> <script async src=\"https:\/\/platform.twitter.com\/widgets.js\" charset=\"utf-8\"><\/script><\/p>\n<blockquote class=\"wp-block-quote is-layout-flow wp-block-quote-is-layout-flow\">\n<p><em>\u201cIt will be interesting to see where the SEC draws the line (if at all) and why. It\u2019s been a week since the DOGE\/TRUMP filing and it hasn\u2019t been withdrawn. That\u2019s something,\u201d<\/em> he added.<\/p>\n<\/blockquote>\n<p>On January 21, REX Shares, a division of Osprey Funds focused on digital assets,<a href=\"https:\/\/u1f987.com\/en\/news\/bitwise-seeks-approval-for-doge-etf\"> submitted a proposal<\/a> to launch a series of products based on Ethereum, Solana, XRP, BONK, TRUMP, and DOGE.<\/p>\n<p>Two days later, Bitwise filed an application for registration based on DOGE with the Delaware Department of State&#8217;s Division of Corporations. Asset managers typically establish legal entities in the state before approaching the SEC with such initiatives.<\/p>\n<p>Previously, several experts <a href=\"https:\/\/u1f987.com\/en\/news\/experts-anticipate-solana-etf-launch-by-2025s-end\">expressed confidence<\/a> in the emergence of a SOL-ETF by the end of 2025.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>Tuttle Capital Management has submitted a proposal to the SEC to register ten 2x leveraged crypto-ETFs, including those based on the memecoins TRUMP and MELANIA. NEW: @TuttleCapital just filed for 10 different leveraged crypto asset ETFs. Including a bunch of memecoin products and assets that don&#8217;t have ETPs yet. pic.twitter.com\/i8X0rSdbK7 \u2014 James Seyffart (@JSeyff) January [&hellip;]<\/p>\n","protected":false},"author":1,"featured_media":20693,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"select":"","news_style_id":"","cryptorium_level":"","_short_excerpt_text":"","creation_source":"","_metatest_mainpost_news_update":false,"footnotes":""},"categories":[3],"tags":[991,569,1161,36,128],"class_list":["post-20694","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-news-and-analysis","tag-donald-trump","tag-etf","tag-memes","tag-regulation","tag-sec"],"aioseo_notices":[],"amp_enabled":true,"views":"30","promo_type":"","layout_type":"","short_excerpt":"","is_update":"","_links":{"self":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20694","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/users\/1"}],"replies":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/comments?post=20694"}],"version-history":[{"count":0,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/posts\/20694\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media\/20693"}],"wp:attachment":[{"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/media?parent=20694"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/categories?post=20694"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/u1f987.com\/en\/wp-json\/wp\/v2\/tags?post=20694"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}