According to @EricBalchunas, Tuttle has filed for a Bonk Income Blast ETF that would invest in the meme coin BONK (or an ETF tracking BONK) and employ a put credit spread using FLEX options to generate income, source: @EricBalchunas. According to @EricBalchunas, Tuttle is also giving SUI and Litecoin (LTC) the same ‘Blast’ treatment with additional ETF filings, source: @EricBalchunas. According to @EricBalchunas, these filings were reported on Sept 16, 2025, highlighting an options-income approach tied to BONK, SUI, and LTC exposure, source: @EricBalchunas.

According to @EricBalchunas, the SEC has approved a significant increase in the position limit for options on IBIT, raising the cap from 25,000 to 250,000 contracts, representing a tenfold boost. The SEC also authorized the use of FLEX options for IBIT. This regulatory update is expected to enhance liquidity and trading flexibility for IBIT options, potentially attracting more institutional interest and impacting the broader crypto derivatives market. Source: @EricBalchunas.