Latest news with #MatthewTuttle
Yahoo
15-07-2025
- Business
- Yahoo
European Defense Boom & the Rise of Leveraged Single-Stock ETFs
(1:00) - What Should Investors Expect From The Rest of The Year? (4:10) - Select STOXX Europe Aerospace & Defense ETF: EUAD (7:15) - Should You Use Single Stock Leveraged ETFs In Your Portfolio? (15:30) - SPAC Market Resurgence: Will It Be Any Different This Time Around? (18:45) - What ETFs Should Investors Be On The Look Out For From Tuttle Capital Management? (21:40) - Episode Roundup: MSTU, MSTX, ROBN, SPCX, UFOD, GRFT Podcast@ In this episode of ETF Spotlight, I speak with Matthew Tuttle, CEO and CIO of Tuttle Capital Management, about some hot market areas, including European defense stocks and leveraged single-stock ETFs. European defense stocks, which have been climbing since the start of the Russia–Ukraine war, have soared in 2025 as many nations ramp up military spending, partly in response to pressure from Trump. While some of this spending will benefit U.S. defense contractors, European firms are likely to be major beneficiaries. The Select STOXX Europe Aerospace & Defense ETF EUAD has surged about 78% year to date. Can the rally continue? Single-stock ETFs have exploded in popularity among thrill-seeking investors. The category now has $23 billion in assets. These ETFs enable retail traders to obtain lower-cost leverage than through margin or options. However, investors should remember that these products are designed only for short-term trading by those who closely monitor their portfolios. Due to daily rebalancing, the fund's long-term returns can fall short of the underlying stock's leveraged performance, especially in volatile markets. Leveraged single-stock ETFs, particularly those linked to highly volatile stocks like MicroStrategy MSTR, are prone to huge swings. Many investors lost significant amounts in March this year on the T-Rex 2X Long MSTR Daily Target ETF MSTU and the Defiance Daily Target 2x Long MSTR ETF MSTX. While earlier products focused on popular stocks like NVIDIA NVDA and Tesla TSLA, newer products like the Tradr 2X Long QBTS Daily ETF QBTX are targeting the most volatile names. Some of Tuttle Capital's proposed ETFs have received a lot of media attention — particularly those themed around UFOs and 'grift.' These aim to capitalize on 'reverse-engineered alien technology' and 'government grift,' respectively. Tune in to the podcast to learn more. Make sure to be on the lookout for the next edition of ETF Spotlight! If you have any comments or questions, please email podcast@ Want the latest recommendations from Zacks Investment Research? Today, you can download 7 Best Stocks for the Next 30 Days. Click to get this free report NVIDIA Corporation (NVDA) : Free Stock Analysis Report Tesla, Inc. (TSLA) : Free Stock Analysis Report MicroStrategy Incorporated (MSTR) : Free Stock Analysis Report Select STOXX Europe Aerospace & Defense ETF (EUAD): ETF Research Reports This article originally published on Zacks Investment Research ( Zacks Investment Research Sign in to access your portfolio
Yahoo
13-07-2025
- Business
- Yahoo
He Built a $4.5B ETF Empire From Home -- And He's Betting on Trump, GameStop, and Crypto Next
From a home office in Greenwich, Connecticut, Matthew Tuttle is building a business that's attracting attention across the ETF world. Tuttle Capital now manages $4.5 billion, with products geared toward a new generation of retail traders seeking amplified returns. His specialty? Leveraged single-stock ETFsfunds that aim to deliver 2X or -2X the daily return of volatile names like GameStop (NYSE:GME), Roblox (NYSE:RBLX), and Strategy (NASDAQ:MSTR), the Bitcoin-focused company led by Michael Saylor. His double-Strategy fund, launched in partnership with REX Shares, has grown to $1.7 billion. This corner of the ETF market has ballooned to $22 billion, up from essentially zero just a few years ago, as more traders gravitate toward high-conviction, high-volatility bets. Warning! GuruFocus has detected 3 Warning Sign with GME. So far in 2025, more than 100 leveraged or inverse ETFs have launched in the of them focused on single stocks. Many of these are managed by firms like Tuttle Capital, Defiance ETFs (run by Sylvia Jablonski), and GraniteShares (led by Will Rhind). All three firms operate with lean, decentralized teams. Tuttle and Jablonski coordinate operations from home offices, while Rhind works out of a co-working space in New York. Defiance now manages $5 billion across more than 30 ETFs. GraniteShares has surpassed $9 billion in assets, with around 75% in leveraged single-stock ETFs. These products often charge significantly higher fees than typical equity ETFsTuttle's 2X Strategy fund charges 1.05%, compared to the 0.61% industry average. Bloomberg Intelligence estimates that Tuttle's firm could be generating around $35 million annually from these funds. The SEC has expressed concern over the suitability of leveraged ETFs for retail investors, noting that daily resetting can distort long-term performance and increase risk. In the past, filings for certain products were swiftly challengedTuttle recalls the SEC contacting him within an hour when he filed for an inverse Bitcoin ETF in 2021. More recently, however, he filed for 2X Trump and Melania-themed cryptocurrency ETFs without receiving immediate pushback. While the SEC has not commented on this change, some in the industry believe the current environment may allow for broader flexibility. Critics still argue that retail investors may underestimate the risks involved, but Tuttle maintains that investors should be free to decide for themselves. If I want to lose money, I mean, that's my right as an American, he says. For Tuttle and his peers, demand signals don't come from Wall Streetthey're tracked in Discord chats, filings, and ETF inflows. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Yahoo
11-07-2025
- Business
- Yahoo
He Built a $4.5B ETF Empire From Home -- And He's Betting on Trump, GameStop, and Crypto Next
From a home office in Greenwich, Connecticut, Matthew Tuttle is building a business that's attracting attention across the ETF world. Tuttle Capital now manages $4.5 billion, with products geared toward a new generation of retail traders seeking amplified returns. His specialty? Leveraged single-stock ETFsfunds that aim to deliver 2X or -2X the daily return of volatile names like GameStop (NYSE:GME), Roblox (NYSE:RBLX), and Strategy (NASDAQ:MSTR), the Bitcoin-focused company led by Michael Saylor. His double-Strategy fund, launched in partnership with REX Shares, has grown to $1.7 billion. This corner of the ETF market has ballooned to $22 billion, up from essentially zero just a few years ago, as more traders gravitate toward high-conviction, high-volatility bets. Warning! GuruFocus has detected 3 Warning Sign with GME. So far in 2025, more than 100 leveraged or inverse ETFs have launched in the of them focused on single stocks. Many of these are managed by firms like Tuttle Capital, Defiance ETFs (run by Sylvia Jablonski), and GraniteShares (led by Will Rhind). All three firms operate with lean, decentralized teams. Tuttle and Jablonski coordinate operations from home offices, while Rhind works out of a co-working space in New York. Defiance now manages $5 billion across more than 30 ETFs. GraniteShares has surpassed $9 billion in assets, with around 75% in leveraged single-stock ETFs. These products often charge significantly higher fees than typical equity ETFsTuttle's 2X Strategy fund charges 1.05%, compared to the 0.61% industry average. Bloomberg Intelligence estimates that Tuttle's firm could be generating around $35 million annually from these funds. The SEC has expressed concern over the suitability of leveraged ETFs for retail investors, noting that daily resetting can distort long-term performance and increase risk. In the past, filings for certain products were swiftly challengedTuttle recalls the SEC contacting him within an hour when he filed for an inverse Bitcoin ETF in 2021. More recently, however, he filed for 2X Trump and Melania-themed cryptocurrency ETFs without receiving immediate pushback. While the SEC has not commented on this change, some in the industry believe the current environment may allow for broader flexibility. Critics still argue that retail investors may underestimate the risks involved, but Tuttle maintains that investors should be free to decide for themselves. If I want to lose money, I mean, that's my right as an American, he says. For Tuttle and his peers, demand signals don't come from Wall Streetthey're tracked in Discord chats, filings, and ETF inflows. This article first appeared on GuruFocus. Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Bloomberg
10-07-2025
- Business
- Bloomberg
With His Pet Dog Parker, He Lures Billions to Risky ETFs From Home
Markets The Big Take Matthew Tuttle is among upstart money managers serving up high-risk funds to a new generation of retail investors. At Matthew Tuttle's home office in Greenwich, Connecticut, the big money isn't made in his trading software — it's made in the two extra screens he has rigged up next to it. 'This is a Discord, that's a Discord, this is a Discord,' the 56-year-old says, pointing to multiple windows on each display where the online messaging platform is running.
Bloomberg
27-06-2025
- Business
- Bloomberg
‘GRFT' ETF Aims to Let Americans Bet on Washington Insider Ties
In an era of anti-establishment ire, Matthew Tuttle is betting there's demand for a retail-friendly fund designed to profit from political influence in Corporate America. The investment manager filed this week to launch an exchange-traded fund — ticker GRFT — that aims to hold a portfolio of companies with demonstrated ties to the politically connected, ranging from the inner circle of a sitting US president to members of Congress.
