Propose wey Tuttle Capital bring come for Crypto Leveraged ETFs dey show say people wen dey do business dey change interest for wetin Solaxy dey do for fundraising
Tuttle Capital don file with SEC for approval of 10 new leveraged ETFs wey dey focus on various altcoins like Chainlink, Cardano, and meme coins like Bonk and Official Trump. Dis strategic move dey happen as SEC position don change after dem appoint pro-crypto Mark Uyeda as chair, replace Gary Gensler. Dis ETF dem dey promise double di daily performance of di underlying assets. Plus, Solaxy, one project wey don build to make Solana network work better, don raise over $15.6 million during im presale, which e wan use to reduce congestion and fees. If dem approve, di ETFs fit set one big precedent for meme coin investments, wey fit spark new institutional interest. Dis development dem fit help bring bullish sentiment for di market, but high volatility still dey challenge for traders.
Bullish
Di filing of leveraged ETFs by Tuttle Capital mean say dem don dey accept altcoins like meme coins well well, wey fit lead to more institution wey go dey interested and dey use cryptocurrency market. Di appointment of Mark Uyeda wey dey pro-crypto as SEC chair mean say e fit get some kind regulatory support wey go make people feel good. Plus, di success wey Solaxy get for dem fundraising show say investors dey believe say dem fit make blockchain network work better. But, di high volatility of dis market still dey one serious risk factor. Overall, all dis developments dey point to good outlook for market for short to mid-term.