Tuttle Capital Withdraws 2X ETF Application for TRUMP & MELANIA Memecoins

Quick Summary:

Tuttle Capital has withdrawn its 2X leveraged ETF application related to the TRUMP and MELANIA memecoins, according to Bloomberg ETF analyst Eric Balchunas.

The move follows regulatory concerns, with Balchunas suggesting that officials advised Tuttle Capital to halt proceedings.

New ETF Filings – Tuttle Capital or other firms may restructure their applications to address regulatory concerns.

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Author / Journalist: Editor Team

Category: Crypto

Markets: India

Topics: Trump Crypto News

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2025-01-29 @ 12:33:27 (2 days ago)

News Timezone: GMT +8:00

News Source URL: bitcoinworld.co.in

Language: English

Article Length: 531 words

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Sentences: 23 lines

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Copyright Owner: © BitcoinWorld

News ID: 25604362

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