Tuttle Capital has applied to the U.S. SEC for six leveraged and inverse Bitcoin ETFs

Bloomberg ETF analyst Hearsay by Henry Jim tweeted that Tuttle Capital has submitted three separate N1-A filings to the U.S. Securities and Exchange Commission (SEC) to apply for six new Bitcoin ETFs. The proposed structure of the Bitcoin ETFs by the company offers leveraged and inverse investment options based on the performance of reference spot Bitcoin ETFs. The six ETFs submitted by Tuttle Capital include T-REX1.5X, 1.75X, and 2X Long Spot Bitcoin Daily Target ETFs, as well as T-REX1.5X, 1.75X, and 2X Inverse Spot Bitcoin Daily Target ETFs. These funds aim to provide daily leverage or inverse results by amplifying the performance of their reference spot Bitcoin ETFs by 150% to 200%.