#DOGE and TRUMP ETFs May Launch in April#
Hot Topic Overview
Overview
REX Advisers and Osprey Funds have filed applications with the Securities and Exchange Commission (SEC) for DOGE and TRUMP ETFs, which could be listed in early April. These ETFs are filed under the 1940 Act, allowing them to enjoy a simplified 75-day review process, faster than other ETFs that require a 240-day review process under the 19b-4 filing rules. REX Advisers has also submitted other meme coin ETF applications, including BONK and DOGE ETFs, which if approved, would be the first meme coin ETFs in the US. However, the TRUMP ETF's unique operating mechanism, unlike Bitcoin ETFs, could increase the likelihood of the proposal being rejected by regulators.
Ace Hot Topic Analysis
Analysis
REX Advisers and Osprey Funds have filed applications with the U.S. Securities and Exchange Commission (SEC) for DOGE and TRUMP ETFs. These ETFs are filed under the 1940 Act, making them eligible for a theoretical listing in early April (75 days after filing). Compared to other ETFs, such as XRP and Solana ETFs, which require a lengthy 240-day review process under the 19b-4 filing rules, DOGE and TRUMP ETFs benefit from a streamlined 75-day review process. However, the legal distinction in how the TRUMP ETF operates compared to Bitcoin ETFs could expedite the launch, but also increase the chances of regulatory rejection. REX Advisers describes TRUMP as a relatively new innovation facing unique risks, with prices susceptible to significant volatility, changes, and uncertainty. If approved, DOGE and TRUMP ETFs would become the first Meme coin ETFs in the U.S.
Public Sentiment · Discussion Word Cloud
Public Sentiment
Discussion Word Cloud
Classic Views
DOGE and TRUMP ETFs may launch in early April, as they were filed under the 1940 Act, which offers a streamlined 75-day review process.
DOGE and TRUMP ETFs operate differently than Bitcoin ETFs, which may help them launch quicker but also could increase the chance of regulatory rejection.
REX Shares filed the first meme-coin ETF applications, including TRUMP, BONK and DOGE ETFs, which would be the first in the US if approved.
REX Shares is an ETF issuer managing over $8 billion in assets, and its sister company Osprey Funds offers a variety of crypto services.