Tuttle Capital applies for an ETF linked to the cryptocurrency 'Crypto Blast'

Tuttle Capital Management has filed to launch an ETF named “Crypto Blast,” combining a weekly put spread strategy on stocks with investments in Bitcoin (BTC), Ethereum (ETH), and Solana (SOL).

This is one of the first innovative ETF proposals connecting traditional stock markets and cryptocurrency, reflecting the trend of increasing overlap between the two fields. According to expert Eric Balchunas, “Crypto Blast” could create a unique hybrid investment tool, providing both diversification opportunities and enhancing the linkage between stocks and digital assets.

However, the market is reacting in mixed ways: some investors view this as a bold step, while others are concerned about the risks of combining stock derivatives with cryptocurrency.