Tuttle Capital Management has filed to launch a new exchange-traded fund (ETF) called "Crypto Blast," designed to provide leveraged exposure to Bitcoin and Ethereum. The proposal, submitted to the U.S. Securities and Exchange Commission (SEC), marks one of the boldest efforts yet to bring crypto volatility into traditional investment products.
Tuttle just filed for a line of single stock "Crypto Blast" ETFs, which (I think) implement a put spread strategy on the stock (with weekly payouts) but then also invest the cash not used for margin in crypto ETFs tracking BTC, ETH and SOL for the "blast" pic.twitter.com/MOxK572v6N
A Bold Step to Merge Leverage and Crypto Within U.S. Markets
The "Crypto Blast" ETF would actively track and amplify the short-term performance of Bitcoin and Ethereum, offering investors exposure to both the upside and downside swings of the market. Tuttle Capital, recognized for its tactical ETF strategies, plans to use a mix of futures contracts and derivatives to capture rapid price movements in the two leading digital assets.
The firm’s filing outlines a structure using “dynamic rebalancing” to maintain leveraged exposure, adjusting positions daily to maximize potential returns during high volatility. By combining leverage with major cryptocurrencies, Tuttle aims to redefine how investors access crypto-linked ETFs. The approach targets traders who seek amplified market exposure without directly holding tokens.
If approved, “Crypto Blast” could mark a new milestone for leveraged crypto ETFs in the U.S., blending speculative trading with institutional-level oversight. While similar products have emerged in Canada and Europe, American regulators have been slower to embrace them due to volatility and systemic risk concerns.
This filing arrives after recent approvals of spot Bitcoin and Ethereum ETFs, signaling a more receptive stance from regulators. Analysts believe Tuttle’s timing could capture growing investor interest in high-risk, high-reward products. Still, experts warn that leverage magnifies both profits and losses, highlighting the ETF’s inherent volatility risk.
As the SEC reviews the proposal, “Crypto Blast” could serve as a test case for whether U.S. investors are ready to embrace aggressive crypto exposure within regulated financial frameworks.