Tuttle Capital Management’s Bitcoin ETF Application
Tuttle Capital Management applied to the SEC to roll out six leveraged and inverse Bitcoin ETFs to the public through three different N1-A filings.
T-Rex ETFs Details
The filed six ETFs are called T-REX 1.5X, 1.75X, and 2X Inverse Spot Bitcoin Daily Target ETFs and T-REX 1.5X, 1.75X, and 2X Long Spot Bitcoin Daily Target ETFs.
Tuttle’s Leveraged Bitcoin ETFs Only For Knowledgeable Investors
Tuttle’s ETFs are for knowledgeable investors. They are designed to magnify the daily performance of the reference spot Bitcoin ETF by 150% for the 1.5X product, by 175% for the 1.75X product, and so on.
Expert Weigh-In
Bloomberg Intelligence ETF analyst Eric Balchunas says a filing for such investment vehicles “was only a matter of time.”
Hot Take
If you are thinking of investing in the new leveraged and inverse Bitcoin ETFs launched by Tuttle Capital Management, it is crucial to remember that they can magnify risks as well as returns. Always consult with your financial advisor and do thorough research before making any investment decisions. High-risk investment is something to consider before anything else.
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