BONK Soars on ETF Speculation and Rising Investor Demand

The Solana-based meme coin BONK is surging after its spot net inflow surged over 100% to $1.68 million, indicating growing investor demand.

This increase in demand comes as Tuttle Capital filed a post-effective amendment with the SEC for a 2x Long BONK ETF that could launch as early as July 16.

The rally stems primarily from renewed investor interest surrounding the potential launch of this leveraged exchange-traded fund tied to the digital asset.