BONK Price Jumps 10% Amid Solana Ecosystem Growth and BONK ETF Speculation
- Tuttle Capital Management plans to launch ten new 2x leveraged crypto ETFs tied to assets including BONK on July 16, 2025.
- This launch follows Tuttle's January filings and a July 1 amendment setting July 16 as the earliest effective date pending SEC approval.
- Amid rising meme coin interest, BONK rallied over 21% recently, with trading volume surging 336% to nearly $560 million, leading meme coin gains.
- Bloomberg analyst Eric Balchunas noted the effective date does not guarantee immediate trading but signals potential regulatory acceptance of more exotic crypto products.
- These developments could encourage continued short-term speculation in meme tokens and signal growing institutional appetite for leveraged crypto exposure.
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12 Articles
Dogecoin Up 8%, But These Two Dog-Themed Coins Are Leading The Advance Early Thursday Morning - Grayscale Bitcoin Mini Trust (BTC) Common units of fractional undivided beneficial interest (ARCA:BTC)
Memecoins are leading cryptocurrency gains early Thursday morning, after Bitcoin (CRYPTO: BTC) nearly topped $110,000. What happened: Solana (CRYPTO: SOL)-based Bonk rallied over 21% to become the market's most profitable cryptocurrency in the last 24 hours. The dog-themed coin's trading volume exploded 336% to nearly $560 million in the last 24 hours, suggesting high buying pressure. Open interest exploded 40% in the last 24 hours, according to…
Trader Says the Time To Be Bullish on Altcoins Is Here, Updates Outlook on Bonk and One Other Solana-Based Memecoin - The Daily Hodl
A widely followed cryptocurrency analyst and trader is suddenly turning bullish on altcoins. The analyst, pseudonymously known as Bluntz, tells his 322,200 followers on social media platform X that the Bitcoin dominance (BTC.D) metric is flashing a bearish divergence, setting the stage for alts to outperform the flagship crypto asset. A bearish divergence occurs when the price is recording higher highs and higher lows while an indicator such as …
The second quarter of 2025 ended with a very strong young man — Bitcoin, Solana, Etherium and even several memecoins, such as Pepe, exceeded their maximum for several months. Analysts in this movement are embodying the first signs of a possible mega Bull run, driven by more brandish macroeconomic expectations and by the return of appetite to risk in the crypto market. Now, at the beginning of July, the scenario has gained even greater intensity.…
Wall Street Braces for Crypto Shockwave as Tuttle Targets July 16 Launch for 2× Meme and Altcoin ETFs
The post Wall Street Braces for Crypto Shockwave as Tuttle Targets July 16 Launch for 2× Meme and Altcoin ETFs appeared first on Coinworldstory. Tuttle sets July 16 as the effective date for 2× leveraged crypto and meme ETFs, signaling a possible wave of high-risk products hitting Wall Street. The post Wall Street Braces for Crypto Shockwave as Tuttle Targets July 16 Launch for 2× Meme and Altcoin ETFs appeared first on Coinworldstory.
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