According to @KookCapitalLLC, the Solana-based meme coin Bonk (BONK) surged 9.87% to $0.00001494 after Tuttle Capital filed an amendment for its proposed 2x Long BONK ETF, setting July 16 as the earliest possible effective date, although the product is not yet approved. The filing also covers leveraged ETFs for other cryptocurrencies like Solana (SOL), XRP, Cardano (ADA), and Litecoin (LTC). Technical analysis indicates BONK broke resistance at $0.0000144 but formed a head-and-shoulders pattern, signaling potential exhaustion with current support around $0.0000142. Concurrently, Circle (CRCL) stock has become a prime target for South Korean retail investors, who have invested nearly $450 million, driving the share price up over 500% since its debut. This buying frenzy, reminiscent of the 'Kimchi premium,' is reportedly fueled by South Korea's moves to legalize KRW-backed stablecoins, positioning Circle as a key global investment for stablecoin infrastructure exposure.