🤑 Bonk, Sui, & Litecoin: Tuttle’s Wild ETF Ride! 🚀

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Well, butter my biscuit and call me astonished! Tuttle Capital, them bigwigs sittin’ on a cool $3.6 billion, have gone and filed with the U.S. SEC to cook up some crypto Exchange Traded Funds (ETFs) that promise to make investors richer than a Mississippi riverboat gambler. On September 16, 2025, they tossed their hat into the ring with a Bonk Income Blast ETF, along with similar shenanigans for Sui (SUI) and Litecoin (LTC). 🪙✨

How Do These ETFs Work, You Ask?

Why, it’s simpler than explainin’ why a frog sits on a log! These ETFs aim to stuff investors’ pockets with steady income while keepin’ ’em tied to the daily rollercoaster of crypto prices. But don’t you worry, they’ve got a trick up their sleeve to keep the wild swings from turnin’ your wallet into a sieve. 🌪️💸

The secret sauce? A put credit spread with FLEX options. Now, FLEX options are like a custom-made suit for investors, lettin’ ’em tweak the strike price, expiration date, and contract type. It’s like fishin’ with dynamite-you’re bound to catch somethin’, but at least you won’t lose your rod to a rogue catfish. 🐟💣

Why Bonk, Though?

Ah, Bonk (BONK), the Solana-based memecoin that’s got institutional investors foamin’ at the mouth. With a market cap of over $1.87 billion and a 24-hour trading volume of $348 million, it’s the belle of the ball, second only to Pudgy Penguins (PENG). Its price jumped 4% in the last 24 hours, sittin’ pretty at $0.00002426. Who knew a meme could be worth more than my sense of humor? 🤡💰

Litecoin and Sui: The Sidekicks

Litecoin’s snoozin’ at $115, up a measly 0.21%, while Sui’s stretchin’ its legs at $3.59, up 0.93%. These two are taggin’ along in Tuttle’s income blast strategy, though they’re about as exciting as a Sunday sermon. 🙄📉

The Industry’s Buzzin’

Tuttle’s not the first to jump on the Bonk bandwagon-Rex Shares and Osprey Funds beat ’em to the punch. But Tuttle’s already got a history with their 2x Bonk and 2x Litecoin ETFs filed back in January 2025. ETF gurus Eric Balchunas and James Seyffart tipped their hats to the new income-focused strategy, though Seyffart warned brokerages to slap a “Handle with Care” label on these high-risk products. Experimentation’s the name of the game, he says, even if it’s as risky as a game of poker with a shark. 🦈🎲

Tuttle just filed for a Bonk Income Blast ETF, which will invest in the meme coin Bonk (or an ETF tracking it) then employ a put credit spread using FLEX options to generate income. Also SUI and Litecoin getting the ‘Blast’ treatment..

– Eric Balchunas (@EricBalchunas) September 16, 2025

The SEC’s still sittin’ on the fence about spot ETFs for altcoins like Bonk, SUI, and Litecoin. Decisions are gettin’ delayed faster than a Twain novel, as the regulator wrangles with exchanges over listing standards. Will they approve? Only time will tell, and I’ve got a hunch it’ll be as predictable as the Mississippi’s mood swings. ⏳🤷‍♂️

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2025-09-17 13:46