Summary
- Tuttle Capital has reportedly resubmitted an application for a 2X Meme Coin ETF.
- It was stated that this was a correction of an application withdrawn due to a spelling error.
- There is no need for further interpretation regarding the withdrawal and resubmission of the application.
Eric Balchunas, Bloomberg's senior ETF analyst, reported on the 28th (local time) via official X (formerly Twitter) that "Tuttle Capital has submitted a new application for a 2X meme coin exchange-traded fund (ETF)," adding that "the application submitted the previous day seems to have been withdrawn due to a spelling error (submitted as BNP instead of BNB)."
He further added, "Therefore, there seems to be no need to interpret the intention behind the withdrawal and resubmission of the application."
JH Kim
reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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