BONK Soars 22% Amid Leveraged ETF Frenzy

The Solana-based meme coin BONK has surged 22% in the past 24 hours, driven by renewed investor interest in a potential leveraged exchange-traded fund tied to the digital asset.

Tuttle Capital filed a post-effective amendment with the SEC for a 2x Long BONK ETF that could launch as early as July 16, reigniting enthusiasm among retail and institutional traders.

The growing interest in BONK is evident through its rising spot net inflow metrics, which climbed over 100% to $1.68 million during the past day.