Tuttle Capital Files Bonk Income Blast ETF: BONK Price Up 4% Today

Coinpedia

Tuttle Capital, an investment adviser firm with over $3.6 billion in assets under management, has filed for the second-ever spot Bonk ETF. According to the SEC filing, Tuttle Capital filed for a Bonk Income Blast ETF with the United States Securities and Exchange Commission (SEC).

The fund manager filed with the SEC to offer a spot Bonk ETF alongside the Litecoin income blast ETF and Sui income blast ETF. As such, Tuttle Capital is the second U.S. fund manager to file to offer a spot Bonk ETF after Rex Shares and Osprey Funds earlier this year.

Why Is Tuttle Capital Interested in Bonk ETF?

The growing demand for Bonk by institutional investors, led by Tuttle Capital, is heavily influenced by its market dynamics. The mid-cap memecoin based on the Solana network, had a market cap of above $1.87 billion and a 24-hour trading volume of around $348 million.

The Bonk token is currently ranked the second largest memecoin after Pudgy Penguins . With the anticipated crypto bull market before the end of fourth quarter, BONK price is expected to rally exponentially against Bitcoin, Ethereum, and Solana.

Why is the BONK Price Up Today?

Rising Demand from Institutional Investors and Ecosystem Growth

BONK price rose around 4% in the past 24 hours to trade about $0.00002426 at the time of this writing. The demand for BONK has continued to grow with its ecosystem.

The LetsBonk.fun platform for memecoin launches has seen its top meme dubbed Useless Coin gain market reputation. According to data from Nansen, the supply of BONK on crypto exchanges dropped by 22% during the past 30 days according to Nansen.

Is Bonk Price Out of the Woods for Short Term

From a technical analysis standpoint, BONK price has faced a major supply wall around the mid-July 2025 peak. However, a consistent close above $0.00004 will trigger a further bull rally, with minimal resistance.

Risk Warnings and Disclaimers

You understand and acknowledge that there is a high degree of risk involved in trading. Following any strategies or investment methods may lead to potential losses. The content on the site is provided by our contributors and analysts for information purposes only. You are solely responsible for determining whether any trading assets, securities, strategy, or any other product is suitable for investing based on your own investment objectives and financial situation.

Risk Disclosure

The risk of loss in trading financial instruments such as stocks, FX, commodities, futures, bonds, ETFs and crypto can be substantial. You may sustain a total loss of the funds that you deposit with your broker. Therefore, you should carefully consider whether such trading is suitable for you in light of your circumstances and financial resources.

No decision to invest should be made without thoroughly conducting due diligence by yourself or consulting with your financial advisors. Our web content might not suit you since we don't know your financial conditions and investment needs. Our financial information might have latency or contain inaccuracy, so you should be fully responsible for any of your trading and investment decisions. The company will not be responsible for your capital loss.

Without getting permission from the website, you are not allowed to copy the website's graphics, texts, or trademarks. Intellectual property rights in the content or data incorporated into this website belong to its providers and exchange merchants.

Recent Searches

Top Searches

Markets

Analysis

User

24/7

Economic Calendar

Education

Data

Tuttle Capital Files Bonk Income Blast ETF: BONK Price Up 4% Today

Risk Disclosure