Tuttle Captial is looking for SEC goods inspection for very first Chainlink, Cardano and Polkadot ETFs

Tuttle Capital Management tests the waters with a series of archives on the US Securities and Exchange Commission (SEC) and presents the very first exhibition -related funds that are linked to Chainlink (link), Cardano (ADA) and Polkadot (Dot).

Under 10 suggested Livered ETFS is the very first ETF that is bound to the Melania Meme Coin (Melania), together with lifting tree products for XRP (XRP), Bonk (Bonk), BNP, Solana (SOL), Litecoin (LTC) and the Meme Munt connected to US President Donald Trump (Trump).

“This is a case of issuers who test the boundaries of what this SEC will allow,” Bloomberg Intelligence Analyst James Seyffart written On X. “I expect that the new crypto task force (led by Hester Peirce) will probably be the Lynchpin to determine what is allowed versus what is not.”

The files of the investment consultancy come when the SEC is undergone, with pro-Crypto Acting Chair Mark Uyeda Replacing Gary Gensler, who hopes the industry for approval under a President Trump administration.

The archives present 2x livered ETFs, which are designed to deliver twice the daily returns – or losses – of their underlying assets.

Leveraged ETFs use financial derivatives and borrowing to strengthen movements in the price of assets, making them risky, risky investment products.

The ETFs are intended to follow 200% of the daily performance of their reference activa via Swaps, call options and direct investments, according to the submission.

However, the funds are not without significant risk, as emphasized in the submission. The use of leverage reinforces returns but also increases losses, whereby investors may lose their entire director within a single commercial day if the value of the underlying asset decreases by more than 50%.

“This is an ACT inventory from 1940”, Bloomberg Senior ETF analyst Eric Balchunas explainedReferring to the regulatory framework that controls investment products that combine assets and derivatives.

“So in theory, unless the SEC reverses them, they can be out and act in April,” said Balchunas on Monday.

It also marks the first ETF application for the Melania Meme Coin (Melania). The recording of such an active shows the experimental nature of these proposals.

“A 2x Melanie ETF before a 1x Melania ETF has been submitted, that is unusual,” Balchunas noted, pointing to Tuttle’s daring approach.

Tuttle’s files become members of a growing list of crypto ETFs awaiting sec review. Last week Osprey and Rex shares submitted for products bound to Dogecoin (Doge), Bonk, XRP and Solana.

“It will be interesting to see where the SEC pulls the line (or not at all) and why, Balchunas added. “I will say it has been a week ago since the Doge/Trump application, and it has not been withdrawn. That’s something. “

However, not all products are the same in the eyes of analysts. While meme coins such as Melania and Bonk are pulling newspapers, their extreme price volatility leaves many experts skeptical about their opportunities for approval.

On the other hand, ETFs connected to more established assets, such as Solana, XRP, and Litecoinbe seen as a better opportunities on passing on regulatory research.

Marketworkers suggest that extra ETF reports can follow quickly, so that the field of financial products supported by Crypto can be expanded.

“Submitting the non -repellent dedication of the industry shows the use of innovation and satisfying different market requirements by adding assets such as XRP, Solana and even newly published tokens such as Trump and Melania” Decrypt.

“On the other hand, the same action leads us to very important questions in the field of regulation,” Pandian added. “If these ETFs are approved, they can release the way for new participants in the market, but the SEC must ensure that risk reduction and transparency are present.”

Edited by Sebastian Sinclair