In a current growth, asset supervisor REX Shares has utilized for a flurry of crypto-related exchange-traded funds (ETFs) with the US Securities and Change Fee (SEC). The submitting included functions for ETFs that may supply XRP, SOL, DOGE, and BONK to institutional buyers.
REX Shares Recordsdata For XRP, SOL, DOGE, BONK ETFs
In an X post, Bloomberg analyst Eric Balchunas revealed that REX Shares had filed for XRP, SOL, DOGE, and BONK ETFs with the US SEC. The asset supervisor filed these functions in collaboration with Osprey.
The asset supervisor additionally filed with the SEC to supply Bitcoin and Ethereum ETFs. Curiously, the submitting additionally contained an software to supply an ETF that may supply the newly launched TRUMP meme coin to institutional buyers.
These filings come simply after Donald Trump took workplace and Gary Gensler resigned because the SEC Chair, with Commissioner Mark Uyeda designated because the appearing Chair.
Boluwatife Adeyemi
Boluwatife Adeyemi is a well-experienced crypto information author and editor who has lined matters that reduce throughout DeFi, NFTs, good contracts, and blockchain interoperability, amongst others. Boluwatife has a knack for simplifying probably the most technical ideas and making it simple for crypto newbies to know. Away from writing, He’s an avid basketball lover and a part-time degen.
Disclaimer: The offered content material could embrace the private opinion of the creator and is topic to market situation. Do your market analysis earlier than investing in cryptocurrencies. The creator or the publication doesn’t maintain any duty in your private monetary loss.
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