Summary
- Tuttle Capital has announced the withdrawal of its 2X ETF applications for TRUMP and MELANIA.
- This withdrawal is interpreted as being due to a request from regulatory authorities.
- Meanwhile, the TRUMP and DOGE ETF applications continue to be maintained.
Eric Balchunas, Bloomberg's senior ETF analyst, announced on the 28th (local time) via official X (formerly Twitter) that "Tuttle Capital has withdrawn its 2X ETF applications for Melania and Official Trump."
He added, "Generally, such withdrawals occur when regulators request the issuer to halt. Notably, the previously filed TRUMP and DOGE ETF applications remain in place."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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