Tuttle files eight Income Blast ETFs, including baskets that name OpenAI and Anthropic
Managed Portfolio Series on Monday, September 14, 2026, filed a 485APOS to add eight Tuttle Capital Income Blast series; tickers and advisory fees are still blank.
Tuttle Capital Management, whose three live Income Blast ETFs hold $17.8 million combined, filed Monday to register eight more series of the same weekly-income design. One of them, the Tuttle Capital FAB 10 Income Blast ETF, is a ten-name version of the Magnificent 7 income fund the adviser liquidated in July after citing limited prospects for asset growth.
The paper is Post-Effective Amendment No. 655 to Managed Portfolio Series, labeled “SUBJECT TO COMPLETION September 14, 2026.” It is a registration to add series, not a listing. Every ticker is still [TICKER], the prospectus date is still [Effective Date], 2026, and the cover legend is the one that matters: the funds may not be sold until the registration statement is effective. Effectiveness is proposed 75 days after filing under Rule 485(a)(2). That clock can be paused by an amendment, accelerated by the SEC, or followed by a listing that still does not happen.
What the paper commits to
The explanatory note lists the eight proposed series, in this order: Tuttle Capital Neocloud Income Blast ETF, Tuttle Capital Robotics Income Blast ETF, Tuttle Capital AI Infrastructure Income Blast ETF, Tuttle Capital AI Power Generation Income Blast ETF, Tuttle Capital Drones & Future of Warfare Income Blast ETF, Tuttle Capital Quantum Computing Income Blast ETF, Tuttle Capital MANGOS Income Blast ETF, and Tuttle Capital FAB 10 Income Blast ETF.
The funds are proposed for Cboe BZX Exchange. They had not commenced operations, so the filing includes no financial statements.
Fee tables are incomplete. The advisory-fee line is a blank percentage. Management-fee and total-annual-operating-expense rows are not filled in. The paper does say the adviser, Tuttle Capital Management, LLC, pays ordinary operating expenses except for specified exclusions. It does not say at what rate. Tuttle’s three live Income Blast ETFs charge 0.95% or 0.99%; that is the existing book, not a figure this amendment states.
Each series is written with an 80% policy, under normal market conditions, in equity positions and in derivatives that provide long investment exposure to the named sleeve. The income engine is recurring, typically weekly, option spreads whose net premiums are meant to support weekly shareholder distributions. The paper gives no assurance of a distribution in any particular week, or of a consistent amount.
The live Income Blast book is small, and part of it already closed
The Tuttle Capital Meme Stock Income Blast ETF MEMY launched January 20 and holds $1.15 million. The Tuttle Capital Space Industry Income Blast ETF SPCI launched March 12 and holds $10.3 million. The Tuttle Capital Memory Stack Income Blast ETF DRMP launched in June and holds $6.27 million. All three pay weekly: MEMY most recently $0.08 a share, DRMP $0.13, SPCI $0.14, each with an ex-date of September 11.
The checks have been real. The share prices have not been static.
Weekly checks narrowed the losses. All three stayed negative.
- Total return
- Price
- MEMY
- Total return −26%
- Price −35%
- DRMP
- Total return −23%
- Price −29%
- SPCI
- Total return −5.9%
- Price −21%
A same-theme comparison sits next door. The Tuttle Capital Concentrated Memory Stack ETF HBMX, the memory-semiconductor fund without the income overlay, holds $27.6 million. The income version of that idea, DRMP, is less than a quarter of that size, at the same 0.95% fee.
On June 29, ETF Opportunities Trust said the Tuttle Capital Magnificent 7 Income Blast ETF and the Tuttle Capital Bitcoin 0DTE Covered Call ETF would cease trading on July 10 and liquidate on July 17. The adviser recommended the plan because of the funds’ limited prospects for meaningful future asset growth, the ongoing operational costs of managing them, and a desire to no longer subsidize expenses. An earlier 0DTE covered-call fund on MicroStrategy, the Tuttle Capital MSTR 0DTE Covered Call ETF, ceased trading on April 14 and liquidated on April 22 on the same stated rationale. The Magnificent Seven income fund is the closest ancestor of FAB 10. Those funds sat in ETF Opportunities Trust; the eight new series would be added to Managed Portfolio Series. The adviser issued no statement with Monday’s filing. The June 29 notice remains the last attributed explanation of why this design left the board.
Two acronyms that already circulate
FAB 10 is not Tuttle’s coinage. Vanda Research introduced the label in June for what it called the Frontier AI & Big Tech 10: the Magnificent Seven plus SpaceX and the then-future listings of OpenAI and Anthropic. Tuttle’s paper adopts that ten-name roster: Nvidia, Apple, Microsoft, Alphabet, Amazon, Meta, Tesla, SpaceX, OpenAI, and Anthropic.
MANGOS is the six-name subset the filing itself calls “a market shorthand that has emerged for prominent AI and technology companies”: Meta, Anthropic, Nvidia, Google (Alphabet), OpenAI, and SpaceX. Four of those names trade. OpenAI and Anthropic do not.
An 80% test that includes “derivative instruments that provide long investment exposure” can be satisfied in more than one way. Monday’s amendment does not say which instruments would stand in for the two unlisted companies, or whether those names would sit at a zero weight until they list.
Tuttle has already written that problem down elsewhere. A July 1 registration for the Tuttle Capital Trifecta AI ETF proposed to obtain equal-weighted exposure to SpaceX, OpenAI, and Anthropic primarily through total return swap agreements with institutional counterparties. That paper left the ticker blank, and no listing has been announced. A March registration for single-name SpaceX, Anthropic, and OpenAI Income Blast series treated each company as a reference asset under a structured options overlay; those series have not listed either. Monday’s eight-fund paper names both companies, includes derivatives in the 80% test, and does not choose.
The sleeves already have buyers
The six thematic series would not be first into their neighborhoods. They would be first, if they list, as Tuttle weekly-income versions of themes other issuers already sell as equity funds.
Those asset figures are as of this week. Roundhill also sells a Magnificent Seven covered-call fund, MAGY, with $105 million and a 1.28% gross expense ratio: weekly income on the seven public names, without OpenAI or Anthropic. WisdomTree’s quantum fund WQTM holds $342 million. None of these is an Income Blast clone. They show that the underlying themes already attract capital, and that the filing’s novelty is the overlay plus two circulating acronyms.
Neocloud is the newest of those neighborhoods. NCLD has been trading for five weeks and already holds more than Tuttle’s entire live Income Blast book.
The Income Blast overlay is the design Tuttle closed in July for lack of assets. Monday’s paper registers it eight more times, once as a ten-name sequel that still needs a way to hold OpenAI and Anthropic.
Frequently asked
Are these funds available to buy?
No: this is a registration to add series, not a listing, and the funds cannot be sold until the registration statement is effective.
How would the funds hold OpenAI and Anthropic, which are not public?
The filing does not say; its 80% test allows derivatives that provide long exposure, and it does not choose an instrument or say whether the names would sit at zero weight until they list.
What do these funds charge?
The filing leaves the advisory fee and expense rows blank, though Tuttle's three live Income Blast ETFs charge 0.95% or 0.99%.
What happened to the earlier Magnificent 7 income fund?
Tuttle liquidated it in July, citing limited prospects for meaningful asset growth, ongoing operating costs and a desire to stop subsidizing expenses.
Do the live Income Blast funds pay what they promise?
They have paid weekly distributions, but all three are down since inception on both price and total return, and the filing gives no assurance of any particular week's payment.