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Bloomberg Analyst: The DOGE ETF and TRUMP ETF submitted by Rex may be listed as early as early April.

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Jan 22, 2025

Wu learned that Bloomberg ETF analyst Eric Balchunas tweeted about "Rex submitting applications for the DOGE ETF and TRUMP ETF," stating that these ETFs are filed under the 1940 Act. Therefore, theoretically (if not denied), they could be listed in early April (75 days after submission). The 1940 Act governs asset and derivative combination funds, and applications filed under this act can benefit from a streamlined 75-day review process. By leveraging this process, the DOGE and TRUMP ETFs can potentially launch ahead of other filings (such as XRP and Solana ETFs), which require a cumbersome 240-day review process under the 19b-4 filing rules.

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