Bloomberg Analyst: Rex's submitted DOGE ETF and TRUMP ETF could be listed as early as early April

robot
Abstract generation in progress

BlockBeats News, on January 22nd, ETF analyst Eric Balchunas from Bloomberg Consulting tweeted about the "Rex submitting DOGE ETF and TRUMP ETF". He mentioned that these ETFs are both applications submitted under the 1940 Act, so (theoretically, if not rejected) they may be listed in early April (75 days after submission). It is reported that Eric Balchunas referred to the 1940 Act, which governs the assets and derivatives portfolio funds. Applications submitted under this Act can also enjoy a simplified 75-day review process. By leveraging this process, DOGE and TRUMP ETFs can be listed earlier than other filings (such as XRP and Solana ETFs), which require a cumbersome 240-day review process under Rule 19b-4.

REX8.01%
DOGE-0.63%
TRUMP0.09%
View Original
This page may contain third-party content, which is provided for information purposes only (not representations/warranties) and should not be considered as an endorsement of its views by Gate, nor as financial or professional advice. See Disclaimer for details.
  • Reward
  • Comment
  • Share
Comment
0/400
No comments
Trade Crypto Anywhere Anytime
qrCode
Scan to download Gate app
Community
English
  • 简体中文
  • English
  • Tiếng Việt
  • 繁體中文
  • Español
  • Русский
  • Français (Afrique)
  • Português (Portugal)
  • Bahasa Indonesia
  • 日本語
  • بالعربية
  • Українська
  • Português (Brasil)