Meme Coin Supercycle? Dogecoin, Trump, Bonk Futures ETF Applications Filed
Posted On January 21, 2025
Just a day after Donald Trump‘s inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins.
Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.
What has raised eyebrows is the inclusion of ETFs based on meme coins: tokens like TRUMP (CRYPTO: TRUMP), BONK (CRYPTO: BONK) and Dogecoin (CRYPTO: DOGE).
This move comes as many believe President Trump is more amenable to digital …
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