Donald Trump

President Donald Trump

Investment management firm Rex Osprey has submitted a proposal to the United States Securities and Exchange Commission (SEC) for crypto ETFs. The proposal includes the new Trump token inspired by President Donald Trump and six other assets: Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, DOGE, and Bonk (BONK). 
The company sent a Form S-1 registration to the SEC, which said that they wish to sell these ETFs to investors as soon as possible. 
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 <img loading="lazy" decoding="async" width="860" height="252" src="https://www.cryptotimes.io/wp-content/uploads/2025/01/Rex-osprey-files-for-ETF-860x252.png" alt="Rex osprey files for ETF" class="wp-image-232031" title="Rex Osprey Files for $Trump, BTC, ETH, XRP ETF, Among Others 5">
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 Source: <a href="http://sec.gov" target="_blank" rel="noreferrer noopener nofollow">Sec.gov</a>
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According to the filing, investors will be able to gain exposure to the cryptocurrencies without actually holding onto them.&nbsp; 
While the Dogecoin and the other ETFs were expected, the Trump ETF came as a surprise. The Trump token was launched only five days ago, and it caused some confusion in the market. 
The Trump token exploded upward when it was launched, peaking at a market capitalization of $15 billion with a fully diluted valuation of $75 billion by Sunday morning. 
The token was on an upswing until Sunday, when a new meme coin associated with Melania Trump launched, taking some of the liquidity and stealing the hype for both tokens. Now, both have crashed, which made a lot of traders lose their money. 
However, Osprey seems to be moving ahead with its paperwork, but it’s not clear these ETFs will get approved. Nonetheless, this is a good step for digital asset companies looking to create new products like trusts and ETFs. 
<blockquote class="wp-block-quote is-layout-flow wp-block-quote-is-layout-flow"> 
 Also Read: <a href="https://www.cryptotimes.io/2025/01/21/trump-melania-tokens-plunge-60-will-investors-recover-loss/" target="_blank" rel="noreferrer noopener">$TRUMP, $MELANIA Tokens Plunge 60%, will investors recover loss?</a> 
</blockquote>

Rex Osprey Files for $Trump, BTC, ETH, XRP ETF, Among Others

The Crypto Times

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