Leveraged ETFs for Solana, XRP, and Trump Tokens May Go Live Soon
A new wave of speculative crypto investment products may soon hit the U.S. market.
Tuttle Capital Management has filed an amendment confirming July 16, 2025 as the effective date for ten 2× leveraged ETFs tied to both major cryptocurrencies and meme coins. The update, listed in an SEC filing, has caught the attention of analysts and investors alike.
The lineup includes leveraged ETFs for established assets like XRP, Solana, Litecoin, Cardano, BNB, and Chainlink, alongside more unconventional picks such as Trump, Melania, Bonk, and Polkadot. These funds are engineered to deliver **twice the daily gains—or losses—**of their respective tokens, amplifying volatility for high-risk traders.
Bloomberg ETF analyst Eric Balchunas flagged the update, noting that while an effective date doesn’t guarantee immediate trading, it often precedes a product launch. The recent approval and debut of Tuttle’s $SSK ETF, which tracks political-themed meme coins, may have opened the door for more aggressive offerings.
Tuttle’s move comes amid growing retail and institutional appetite for leveraged exposure and speculative tokens. The firm’s strategy appears aimed at riding the momentum of both the meme coin surge and increasing regulatory openness to crypto ETFs.
With the SEC still silent on the filing, July 16 is shaping up to be a key date that could signal how far regulators are willing to go in accommodating more exotic crypto-linked products. Whether the ETFs go live that day or not, they represent a bold bet on the intersection of meme culture and financial engineering.
Alex is Editor-in-Chief of Coindoo and co-founder of Millennial Media Group, with nearly a decade of experience covering financial markets - crypto first, then everything else. It started in 2016 with Bitcoin. Like most people at the time, he didn't fully understand it - so he kept digging. Blockchain, tokenomics, the projects, the cycles. That curiosity never stopped, and eventually pulled him into traditional markets too: equities, commodities, macro. Not because he left crypto behind, but because you can't properly understand one without the other. What drives him is straightforward: he wants to know why something is happening, not just that it's happening. Most market coverage stops at the headline - price up, price down, here's a chart. Alex finds that kind of reporting actively unhelpful. If you walk away from an article without understanding the mechanism behind the move, what did you actually learn? He holds a degree in Tourism from New Bulgarian University - not the most obvious path into financial markets, but markets have a way of pulling in people who are simply too curious to stay out. He has authored over 200 in-depth analyses and more than 10,000 articles across crypto and traditional finance. He still thinks every day in markets teaches him something new. That's probably why he hasn't stopped.
