A new exchange-traded fund that mirrors the stock trades of US lawmakers and politically connected figures may be set to launch this week, opening retail investors to a strategy that has long stirred controversy in Washington.

Bloomberg ETF analyst Eric Balchunas reported that the Tuttle Capital Government Grift ETF (ticker: GRFT) could debut as early as Friday. The Securities and Exchange Commission (SEC) has set Oct. 3 as the date when Tuttle’s S-1 registration statement becomes effective, clearing the way for the product’s launch.

Earlier coverage: Crypto Funds See $812M Outflows, But Solana Defies Trend With $291M Inflows

Following Congress and the White House’s Market Moves

The fund, first proposed by Tuttle Capital Management earlier this year, is designed to track trading activity disclosed under the STOCK Act, a law requiring members of Congress and their spouses to file transaction reports. GRFT will analyze those disclosures, as well as companies with clear ties to the White House and the US president.

That could include firms with board members or executives linked to President Donald Trump, or businesses that have received public praise from the administration.

According to the filing, the ETF will hold between 10 and 30 securities, including both individual stocks and ETFs. Position sizes will reflect both the scale of congressional buying and the perceived strength of presidential influence.

“The fund’s strategy is grounded in the belief that political actors — particularly members of Congress and individuals closely associated with the President — can influence market outcomes or possess information that materially affects security pricing,” Tuttle Capital wrote in its June prospectus.

Cointelegraph reached out to Tuttle for further details, but did not receive an immediate response.

Source: Eric Balchunas

Trump’s Crypto Ties Could Find Their Way Into the ETF

Donald Trump’s connections to the cryptocurrency sector may also put crypto-linked equities in the ETF’s sights.

Trump Media & Technology Group (DJT), which operates Truth Social, reportedly holds 15,000 Bitcoin valued at $1.7 billion. The company has also been linked to filings for spot crypto ETFs.

Separately, Trump-affiliated American Bitcoin Corp (ABTC), a public mining firm, could become a candidate for inclusion.

Although not publicly listed securities, memecoins themed around Trump and his wife Melania, as well as the Trump family’s World Liberty Financial (WLFI) project — where the family controls billions in tokens — highlight the former president’s deepening ties to crypto.

Tuttle’s Growing Crypto ETF Lineup

This isn’t Tuttle’s first foray into digital assets. The firm already offers several leveraged exchange-traded products tied to cryptocurrencies such as XRP, Solana, Litecoin, and Chainlink, allowing traders to amplify returns (and risks) in volatile markets.

SEC Poised to Accelerate ETF Approvals

The launch of GRFT comes as the SEC has begun easing the path for crypto ETFs. Earlier this month, the regulator approved new generic listing standards for commodity-based trust shares, a move that could dramatically shorten timelines for future filings.

Balchunas said the change has “essentially bumped the odds of more spot crypto ETF approvals up to 100%,” adding that only final S-1 filings remain as a formality before new funds hit the market.

Dozens of crypto ETF applications — beyond the already approved spot Bitcoin and Ether ETFs — are waiting in line, potentially fueling another wave of institutional inflows into digital assets.