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.
The filing also proposed ETFs for Bitcoin (BTC), Ether (ETH), Solana (SOL), and XRP (XRP). The ETFs are designed to directly hold spot cryptocurrencies as well as related financial derivatives.
“The Fund, under normal market conditions, invests at least 80% of its net assets (plus any borrowings for investment purposes) in the Reference Asset and other assets that provide exposure to the Reference Asset,” the filing said.
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Author: Alex O’Donnell
