Close Menu
Cryprovideos
    What's Hot

    Listed here are the Greatest Hurdles Ethereum ETH Must Overcome to Hit $3,000 – BlockNews

    June 5, 2025

    US Seizes 145 BidenCash Domains, $43K in USDT – Bitbo

    June 5, 2025

    Whale Exercise Triggers Warning for Choose Altcoins Amid Bitcoin Optimism

    June 5, 2025
    Facebook X (Twitter) Instagram
    Cryprovideos
    • Home
    • Crypto News
    • Bitcoin
    • Altcoins
    • Markets
    Cryprovideos
    Home»Crypto News»Crypto Insanity: REXShares And Osprey File For TRUMP, BONK, And DOGE ETFs | Bitcoinist.com
    Crypto Insanity: REXShares And Osprey File For TRUMP, BONK, And DOGE ETFs | Bitcoinist.com
    Crypto News

    Crypto Insanity: REXShares And Osprey File For TRUMP, BONK, And DOGE ETFs | Bitcoinist.com

    By Crypto EditorJanuary 22, 2025No Comments3 Mins Read
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Amid the fervor generated by the newest launches of President Donald Trump and First Girl Melania’s memecoins, REX Shares and Osprey, have captured consideration by submitting filings for ETFs related to a number of of the most well-liked cryptos: TRUMP, Bonk Inu (BONK), and Dogecoin (DOGE).

    New ETFs Focusing on Memecoins And Main Cryptos

    The submitting, disclosed by James Seyffart, a Bloomberg ETF knowledgeable, additionally contains ETFs for main cryptocurrencies like Bitcoin (BTC), Ethereum (ETH), Solana SOL), and XRP. 

    Notably, these merchandise are filed beneath the 1940 Act, much like crypto futures ETFs, permitting them to carry a mixture of derivatives and belongings by a Cayman subsidiary. 

    Seyffart highlighted that this construction is paying homage to methods utilized in commodity ETFs, designed to reduce tax problems, significantly avoiding Okay-1 kinds, which might allegedly complicate tax filings for buyers.

    The newly proposed funds intention to offer publicity to their respective reference belongings by investments in a subsidiary organized within the Cayman Islands, referred to as the REX-Osprey™ TRUMP (Cayman) Portfolio S.P. 

    This subsidiary can be wholly owned by the fund and is anticipated to carry not more than 25% of the fund’s whole belongings. This method not solely permits for diversified funding methods but additionally helps the fund meet the revenue sourcing necessities established beneath the Inner Income Code.

    Digital Belongings ETF Filings Surge To 33: Consultants Predict Additional Progress

    The fund’s construction can be categorised as “non-diversified” beneath the Funding Firm Act of 1940, permitting it better flexibility in its funding choices. 

    Moreover, the fund intends to allocate its remaining belongings to varied money investments akin to US Treasuries, cash market funds, and different high-quality money equivalents, aimed to boost liquidity and supply a safeguard for the fund’s investments.

    The momentum of those filings displays a broader development within the crypto market, as Eric Balchunas, Seyffart’s colleague, identified that the variety of crypto ETFs filed with the SEC has now reached a formidable 33. 

    The current regulatory surroundings has seen a doubling of filings since Gary Gensler’s departure from the US Securities and Alternate Fee (SEC) on Friday, with expectations that this quantity may swell to 50 within the coming weeks.

    Nevertheless, Balchunas cautions that whereas the inflow of latest ETFs is thrilling, nearly all of funding capital will doubtless proceed to move into spot Bitcoin ETFs. 

    Balchunas likens the crypto market to the commodities sector, the place gold stays dominant whereas silver and lesser-known commodities like palladium and aluminum occupy area of interest positions. 

    On this panorama, mainstream cryptocurrencies akin to Bitcoin and Ethereum are anticipated to draw the majority of funding, whereas memecoins might discover themselves in a extra fringe place, the knowledgeable additional asserted.

    Crypto Insanity: REXShares And Osprey File For TRUMP, BONK, And DOGE ETFs | Bitcoinist.com
    The two-hour chart reveals TRUMP’s worth consolidation slightly below the $40 mark. Supply: TRUMPUSDT on TradingView.com

    On the time of writing, the President’s official memecoin, TRUMP, was buying and selling at $39,044, down 50% from its peak of $79 over the weekend.

    Featured picture from DALL-E, chart from TradingView.com



    Supply hyperlink

    Share. Facebook Twitter Pinterest LinkedIn Tumblr Email

    Related Posts

    Trump Household Points Authorized Menace to TRUMP Memecoin Workforce Over Unauthorized Crypto Pockets – BlockNews

    June 5, 2025

    Solaxy Layer 2 ICO Soars Previous $44M With 11 Days Left – Greatest New Crypto Coin to Purchase Now?

    June 5, 2025

    Crypto Hacks Shift Towards Social Engineering in 2025

    June 5, 2025

    53,343,468 XRP Stun Prime US Crypto Trade in One Minute

    June 5, 2025
    Latest Posts

    Whale Exercise Triggers Warning for Choose Altcoins Amid Bitcoin Optimism

    June 5, 2025

    Right here's Who Despatched Ross Ulbricht $31 Million in Bitcoin

    June 5, 2025

    Analyst Willy Woo Unveils Bitcoin (BTC) Path to a Potential 188x Rally – Right here’s His Outlook – The Every day Hodl

    June 5, 2025

    Did a Solo Bitcoin Miner Actually Win a $326,000 Reward? – Decrypt

    June 5, 2025

    Trump Media Information for Fact Social Bitcoin ETF – Bitbo

    June 5, 2025

    Cypherpunk Cited by Satoshi Urges Musk to Pivot to Bitcoin

    June 5, 2025

    Bitcoin Life Insurer, In the meantime, Turns into First Firm To Publish Audited Financials Denominated In Bitcoin

    June 5, 2025

    Bitcoin HODLing Hits 2-12 months Excessive – Lengthy-Time period Confidence Builds | Bitcoinist.com

    June 5, 2025

    CryptoVideos.net is your premier destination for all things cryptocurrency. Our platform provides the latest updates in crypto news, expert price analysis, and valuable insights from top crypto influencers to keep you informed and ahead in the fast-paced world of digital assets. Whether you’re an experienced trader, investor, or just starting in the crypto space, our comprehensive collection of videos and articles covers trending topics, market forecasts, blockchain technology, and more. We aim to simplify complex market movements and provide a trustworthy, user-friendly resource for anyone looking to deepen their understanding of the crypto industry. Stay tuned to CryptoVideos.net to make informed decisions and keep up with emerging trends in the world of cryptocurrency.

    Top Insights

    Ripple Reveals Key New Date in Authorized Battle With SEC

    January 26, 2025

    $180 Would Be 'Beneficiant' for Technique, Prime Angel Investor Says; Samson Mow Calls Bitcoin 'Oversold,' Virtually 60% of SHIB Holders in Losses Amid Value Crash: Crypto Information Digest by U.Right this moment

    February 26, 2025

    Crypto Analyst Says “XRP Is Lifeless” Sentiment Is A Lie, Reveals The Fact

    April 22, 2025

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    • Home
    • Privacy Policy
    • Contact us
    © 2025 CryptoVideos. Designed by MAXBIT.

    Type above and press Enter to search. Press Esc to cancel.