Tuttle Capital, a company for investment adviser with more than $ 3.6 billion in assets managed, has applied for the second place Bonk (Bonk) ETF. According to the SEC request, Tuttle Capital has requested a Bonk Income Blast ETF from the United States Securities and Exchange Commission (SEC).
The fund manager has submitted to the SEC to offer a Spot Bonk ETF in addition to the Litecoin (LTC) income blast ETF and Sui (SUI) Income explosion ETF. As such, Tuttle Capital is the second American fund manager to offer a spot BONK ETF earlier this year after Rex shares and Osprey funds.
Why is Tuttle Capital interested in Bonk ETF?
The growing demand for Bonk by institutional investors, led by Tuttle Capital, is strongly influenced by its market dynamics. The Mid-Cap Memecoin based on the Solana network had a market capitalization of more than $ 1.87 billion and a trade volume of 24 hours of around $ 348 million.
The Bonk -Token is currently on the second largest memecoin after Pudgy Penguins (Pengu). With the expected crypto bullmarkt before the end of the fourth quarter, Bonk Price is expected to become exponentially against Bitcoin, Ethereum and Solana.
Why is the Bonkprijs today?
Rising demand from institutional investors and ecosystem growth
Bonk Price rose by around 4% in the last 24 hours to trade around $ 0.00002426 at the time of this letter. The demand for Bonk has continued to grow with its ecosystem.
In the Letsbonk.fun platform for Memecoin Lances, its top meme has focused the market for useless coin market. According to Nansen data, the offer from Bonk on Crypto exchanges, according to Nansen, fell by 22%over the past 30 days.
Is Bonk prize from the forest for short term
From the point of view of technical analysis, Bonk Price has confronted with a large food wall around the peak of the mid -July 2025. A consistent close to $ 0.00004 will activate a further bull rally, with minimal resistance.