Balchunas confirms that the possibility of Bonk 2x ETF remains strong

Eric Balchunas, older analyst, Bloomberg ETF, suggested that the potential for Bonk 2x ETF remains strong.

In a Recent x postEric Balchunas assured his followers that the possibility of Bonk 2x ETF was still very alive. He pointed out that, while Tuttle pulled his submissions for 2x Melania and Trump ETF – probably due to the direct return from the regulator – Trump and Doge ETF, reminiscent remains active. This suggests that Sec may not be directly rejecting all the meme of the ETF coins, leaving the space for Bonk to move forward.

The Balchunas comment is followed by a report of Tuttle Capital Management on Monday, which requested the approval for 10 2x Crypto ETF, including one for Bonk. If approved, this would indicate the first time levers ETF for tracking BONK.

This development comes after a series of subjections aimed at bringing in the market for investment products associated with BONK. January 21st Stock Stocks Osprey and Rex login For an ETFS that cannot be for monitoring BONK and other digital assets. However, the pressure for Bonk Etf began back in September 2024, when Bonk Inu and Osprey funds first announced plans for BONK’s product traded on the stock market (ETP), a move that is widely seen as a springboard according to the full-fledged ETF -in.

In his earlier post on xBalchunas pointed out that this is a 40 ACT application, which means that, theoretically, these ETF products could be started and traded until April – unless the sec rejected.