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International Business Times
International Business Times
Business
Marvie Basilan

A Memecoin Revolution: Florida ETP Firm REX Shares Files For $TRUMP, $DOGE, $BONK ETFs

Doge Rex BONK REX Shares SEC ETF Donald Trump Crypto Gary Gensler Mark Uyeda
The Official Trump ($TRUMP) token isn't even a week old but a filing has already been made for a $TRUMP ETF. (Credit: The Official Trump Meme Website / Screenshot)

KEY POINTS

  • REX Shares also filed for $BTC, $ETH, $SOL, and $XRP ETFs
  • The filings were made after Gensler resigned and Mark Uyeda was designated as Acting Chair of the SEC
  • $TRUMP, $DOGE, and $BONK were all up in the day after news of the filings emerged

Miami-based ETP (exchange-traded product) provider REX Shares has filed with the Securities and Exchange Commission (SEC) in hopes of issuing Official Trump (TRUMP), Dogecoin (DOGE), and BONK exchange-traded funds (ETFs), marking a significant step in filings for cryptocurrency ETFs beyond Bitcoin and Ethereum.

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