Tuttle Launches Memory Semiconductor Income ETF With Weekly Payout Goal

Tuttle Capital Management has launched the Tuttle Capital Memory Stack Income Blast ETF (DRMP), an actively managed ETF focused on generating current income from the memory semiconductor ecosystem. The fund invests in companies tied to DRAM, NAND, HBM, advanced packaging, and related semiconductor infrastructure, while employing a systematic put credit spread strategy to generate option premium income. DRMP intends to make weekly distributions funded primarily by option premiums, supplemented by dividends, capital gains, and potentially return of capital. The fund carries a 0.95% management fee and is listed on Cboe.