The post Bonk, Sui and Litecoin Jump as Tuttle Capital Files for Blast Income ETFs appeared on BitcoinEthereumNews.com. Tuttle Capital files Bonk Income Blast ETF, Tuttle Capital Sui Income Blast ETF, and Tuttle Capital Litecoin Income Blast ETF. Traders respond immediately to the announcement, causing BONK, SUI, and Litecoin (LTC) to jump more than 3% over the last 24 hours. Tuttle Capital Files ETF Applications for Bonk, Sui, and Litecoin ETF Opportunities Trust applied for Tuttle Capital Income Blast exchange-traded funds (ETFs) targeting Bonk, Sui, and Litecoin with the U.S. SEC under the Investment Company Act of 1940 on September 16. The primary investment objective of the Tuttle Capital Income Blast ETF is to seek current income. “The fund’s secondary investment objective is to seek exposure to the share price of the daily performance of Bonk, subject to a limit on potential investment gains,” as per the U.S. SEC filing. The fund will generate income for shareholders by using a put credit spread strategy with FLexible EXchange Options (FLEX Options). FLEX Options are customized options contracts that allow investors to customize key contract terms like strike price, style, and expiration date. This ensures investors achieve price discovery and avoid the counterparty exposure of over-the-counter (OTC) options positions. Bloomberg ETF analysts Eric Balchunas and James Seyffart reacted to the filing, discussing the new crypto income ETFs strategy to generate income and asking the community about the volatility of Solana-based Bonk meme coin. In response to multiple ETF filings by Tuttle Capital and REXShares, James Seyffart said: “I personally think there should be a warning label on these products from brokerages when you go to trade them. But other than that. Let the spaghetti cannon continue firing away.” Tuttle Capital earlier filed for 2x Bonk ETF and 2x Litecoin ETF, along with other ETFs for altcoins, in January after US President Donald Trump expressed support for the crypto industry. Meanwhile,… The post Bonk, Sui and Litecoin Jump as Tuttle Capital Files for Blast Income ETFs appeared on BitcoinEthereumNews.com. Tuttle Capital files Bonk Income Blast ETF, Tuttle Capital Sui Income Blast ETF, and Tuttle Capital Litecoin Income Blast ETF. Traders respond immediately to the announcement, causing BONK, SUI, and Litecoin (LTC) to jump more than 3% over the last 24 hours. Tuttle Capital Files ETF Applications for Bonk, Sui, and Litecoin ETF Opportunities Trust applied for Tuttle Capital Income Blast exchange-traded funds (ETFs) targeting Bonk, Sui, and Litecoin with the U.S. SEC under the Investment Company Act of 1940 on September 16. The primary investment objective of the Tuttle Capital Income Blast ETF is to seek current income. “The fund’s secondary investment objective is to seek exposure to the share price of the daily performance of Bonk, subject to a limit on potential investment gains,” as per the U.S. SEC filing. The fund will generate income for shareholders by using a put credit spread strategy with FLexible EXchange Options (FLEX Options). FLEX Options are customized options contracts that allow investors to customize key contract terms like strike price, style, and expiration date. This ensures investors achieve price discovery and avoid the counterparty exposure of over-the-counter (OTC) options positions. Bloomberg ETF analysts Eric Balchunas and James Seyffart reacted to the filing, discussing the new crypto income ETFs strategy to generate income and asking the community about the volatility of Solana-based Bonk meme coin. In response to multiple ETF filings by Tuttle Capital and REXShares, James Seyffart said: “I personally think there should be a warning label on these products from brokerages when you go to trade them. But other than that. Let the spaghetti cannon continue firing away.” Tuttle Capital earlier filed for 2x Bonk ETF and 2x Litecoin ETF, along with other ETFs for altcoins, in January after US President Donald Trump expressed support for the crypto industry. Meanwhile,…