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It’s happened: Someone’s filed for Cramer ETFs with the SEC

It’s happened: Someone’s filed for Cramer ETFs with the SEC thumbnail

Connecticut-based advisory firm Tuttle Capital Management has submitted a preliminary prospectus filing with the United States Securities and Exchange Commission (SEC) for two new exchange-traded funds (ETFs) centered around betting against the investment tips from Jim Cramer.

Cramer is the host of CNBC’s Mad Money and has become a popular meme in the crypto and stock community, who believe he has an uncanny knack for giving investment tips that end up being way off the mark.

In relation to crypto, one of Cramer’s most notable tips was to buy Coinbase stock when it was “cheap” at $248 in August last year. Since then, COIN has continued to collapse and sits at $72.97 at the time of writing.

Finally happened: Cramer ETFs

Inverse Cramer ETF $SJIM
Long Cramer ETF $LJIM
Eff Dec 19

20-25 equal-weighted stocks/ETFs based on Cramer’s Twitter & TV recommendations and market views. Positions exited if Cramer has no view & once profit targets met.https://t.co/ZvA5G2zoTX pic.twitter.com/tY9yBMt15s

— ETF Hearsay by Henry Jim (@ETFhearsay) October 5, 2022

According to the Oct. 5 preliminary prospectus SEC filing, if approved, Tuttle Capital Management would

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