Tuttle Capital Management has filed for 10 leveraged crypto exchange-traded funds (ETFs), marking the first US applications to include assets like Chainlink, Cardano, Polkadot, and meme coins. This move is seen as a test of the SEC's limits in the crypto ETF space.
Bloomberg analyst James Seyffart notes that these filings feature meme coin-oriented products not previously seen in US offerings.
With Trump back in office and changes in SEC leadership, ETF filings have surged. Analysts speculate that the SEC's new crypto task force will play a crucial role in the outcome.
The filings could enable trading by April unless explicitly rejected by the SEC.
