【 XChainNews: US asset managers file for $TRUMP, $DOGE #ETFs】

Osprey Funds and Rex Shares have submitted filings to the US Securities and Exchange Commission for multiple crypto ETFs, including three focused on memecoins.

Asset managers Osprey Funds and REX Shares are seeking to launch exchange-traded funds (ETFs) for memecoins including Dogecoin ($DOGE), Official Trump ($TRUMP) and Bonk ($BONK), according to a Jan. 21 regulatory filing.

Trump’s eponymous token briefly broke $80 billion in fully-diluted value (FDV) within a day of launching on Jan. 18. The memecoin trades at an FDV of around $42 billion as of Jan. 21.

Moonshot, the platform Trump pointed his followers to for purchasing the memecoin, reported more than 200,000 new onchain users since the token launched.

In 2024, asset managers submitted a flurry of regulatory filings to list ETFs holding altcoins, including #SOL, #XRP and Litecoin ($LTC), among others.

Issuers are also awaiting approval for several planned crypto index ETFs designed to hold diverse baskets of digital tokens.

Rex Shares has previously launched other crypto-related ETFs, including T-REX 2X Long MSTR Daily Target ETF (MSTU), which aims to offer 2x leveraged exposure to frequent BTC buyer MicroStrategy.
#trump
#TRUMP #DOGE #ETFs