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📖 Day 1 · Quiz (Single Choic
REX Shares and Osprey Funds submitted a prospectus for a Dogecoin ETF to the SEC.
According to Techub News and reported by The Block, following the launch of the Solana stake ETF earlier this summer, REX Shares and Osprey Funds are set to launch the first ETF directly investing in DOGE as early as next week. On Wednesday, their team submitted the prospectus for the REX-Osprey DOGE ETF to the SEC, with the fund trading code DOJE, and also mentioned ETFs related to XRP, BONK, TRUMP, as well as Bitcoin, Ethereum, and SOL.
Bloomberg industry research analyst Eric Balchunas stated that Rex may launch a DOGE ETF next week under the Investment Company Act of 1940, and TRUMP, XRP, and Bonk ETFs may also be launched opportunistically. The prospectus shows that DOJE will gain asset exposure through investments in a Cayman Islands subsidiary, and the related strategies and risk disclosures reflect the overall operations of the fund and its subsidiary.