Tuttle Capital Amplifies Bitcoin ETF Game: Proposes 6 'Magnified' Offerings!
In a bold move to enhance the landscape of Bitcoin exchange-traded funds (ETFs), Tuttle Capital Management has set the stage for innovation by filing proposals for six leveraged and inverse Bitcoin ETFs.
Expanding the Horizon: Tuttle's Ambitious ETF Venture
Tuttle Capital Management, known for its dynamic approach to ETFs, has submitted three N1-A forms to the Securities and Exchange Commission (SEC) on January 3. These filings outline the groundwork for six groundbreaking ETFs that aim to 'magnify' returns from a spot Bitcoin ETF, potentially changing the game in cryptocurrency investment.
Ahead of the Curve: Tuttle's Strategic Filing
Bloomberg Intelligence ETF analyst Henry Jim shared insights on X (formerly Twitter), highlighting the filing's effective date as March 18, 2024. Tuttle Capital's proactive move to file for leveraged Bitcoin ETFs even before a spot ETF approval reflects their commitment to staying at the forefront of financial innovation.
The Lineup: Tuttle's Diverse ETF Portfolio
The proposed Bitcoin ETFs include T-REX 1.5X, 1.75X, and 2X Long Spot Bitcoin Daily Target ETFs, along with T-REX 1.5X, 1.75X, and 2X Inverse Spot Bitcoin Daily Target ETFs. These offerings aim to deliver daily inverse leveraged or long leveraged investment results, with magnifications reaching up to 150% (for the 1.5X product) and 200% (for the 2X product).
Source
https://t.me/Bitcoin_Crypto_Signals
