Overview

• REX Shares and Osprey Funds have filed with the SEC for ETFs tied to Dogecoin, the Trump meme coin, and other cryptocurrencies, including Solana and XRP.
• The filings utilize the 1940 Act's 75-day review process, potentially allowing Dogecoin and Trump ETFs to debut ahead of other pending crypto ETFs requiring longer reviews.
• Analysts suggest the ETFs could bridge meme coins and traditional finance, offering investors access through standard brokerage accounts.
• The filings come as the SEC undergoes leadership changes, with pro-crypto Acting Chair Mark Uyeda replacing Gary Gensler, sparking industry optimism.
• The Trump meme coin, launched recently by President Donald Trump, has seen volatile price movements, with a market valuation nearing $9 billion.