#DOGE and TRUMP ETFs May Launch in April#
Hot Topic Overview
Overview
REX Advisers and Osprey Funds have filed applications with the U.S. Securities and Exchange Commission (SEC) for DOGE and TRUMP ETFs, both filed under the 1940 Act, which could theoretically launch in early April (75 days after filing). The DOGE and TRUMP ETFs could get ahead of other filings, such as XRP and Solana ETFs, which require a cumbersome 240-day review process under the 19b-4 filing rules, due to the simplified 75-day review process. REX Advisers also filed applications for BONK and DOGE ETFs, which, if approved, would be the first meme-coin ETFs in the U.S.
Ace Hot Topic Analysis
Analysis
REX Advisers and Osprey Funds have filed applications with the Securities and Exchange Commission (SEC) for DOGE and TRUMP ETFs, claiming that these ETFs will be managed under the 1940 Act, enjoying a simplified 75-day review process, which could theoretically allow them to go public in early April. Compared to other ETFs that require a 240-day review process under the 19b-4 filing rules, DOGE and TRUMP ETFs could go public faster. However, as the TRUMP ETF operates differently from Bitcoin ETFs, it could increase the likelihood of regulators rejecting the proposal. REX Advisers said that TRUMP is a relatively new innovation and faces unique risks, with its price susceptible to wild swings, volatility, and uncertainty. If approved, the DOGE and TRUMP ETFs would become the first Meme coin ETFs in the United States.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
DOGE and TRUMP ETF may launch in early April, as they are applications filed under the 1940 Act, enjoying a simplified 75-day review process.
TRUMP ETF's operation is different from Bitcoin ETF, which could help its faster launch, but also increase the possibility of regulators rejecting the proposal.
REX Shares filed the first batch of Meme coin ETF applications, including TRUMP, BONK and DOGE ETF, which, if approved, will be the first Meme coin ETF in the US.
REX Shares is an ETF issuer with over $8 billion in assets, and its sister company, Osprey Funds, provides a variety of crypto services.