REX Shares and Osprey Funds have asked the U.S. Securities and Exchange Commission (SEC) to approve exchange-traded funds (ETFs) based on three digital assets: Trumpcoin, Dogecoin (DOGE) and BunkerDoge (BONK). These ETFs will provide investors with a way to invest in these cryptocurrencies through more traditional investment products.
Filing details
REX Stock and Osprey Funds Submit to SEC Launched 7 new ETFs, including Trump, Dog and Bunker. These funds will allow investors to invest in these digital assets through a portfolio of cryptocurrencies and safer cash investments.
These funds will be channeled through a company called REX-Osprey™ TRUMP (Cayman) Portfolio SPheadquartered in the Cayman Islands. This setting helps meet the rules required to create regular investment products related to cryptocurrencies.
The subsidiary will retain no more than 25% of total funds in cryptocurrency. The remaining 75% will be invested in safer options such as U.S. government bonds, money market funds, and other safe cash investments. This setup helps reduce funding risk while still giving investors the opportunity to benefit from the growth of digital currencies.
$TrumpCoin
One of the most talked about digital assets in the document is $TrumpCoin. This new cryptocurrency was launched on January 18, 2025 due to its President Donald Trump. TrumpCoin was launched to capitalize on Trump’s massive fan base and support from conservatives in American politics.
Following its launch, the price of the $TRUMP token has seen wild swings. On the first day of trading, the coin’s value surged from about $1 to $74 before settling at around $40 by January 22. Despite its high volatility, the incredible growth achieved in such a short period of time shows the strong interest in the coin.
Read more: One in seven Americans has bought a Trump meme coin.
DOGE and BONK
Dogecoin, commonly known as “the same corner”, Has been around since 2013. It has received significant attention in recent years due to endorsements from high-profile figures such as Elon Musk.
Bonk Inu (BONK) is a relatively new coin, but it is already popular in the cryptocurrency community. BONK is similar to Dogecoin and falls into the following categories: “Meme Coin”, Typically used for entertainment, social media trends, and light-hearted projects.
What are ETFs?
An exchange-traded fund (ETF) is a financial product that allows people to Buy and sell fund shares on the stock market. These funds typically follow the value of assets such as stocks, commodities or cryptocurrencies. When you invest in an ETF, you don’t own the asset directly, but you still benefit from changes in its value.
final thoughts
REX Shares and Osprey Funds have applied to launch with Trump, Dog and Bunker, This is an important step for the cryptocurrency market. If the SEC approves these ETFs, they will provide investors with a new way to invest in these popular digital assets through regulated financial products.
While we don’t yet know what the SEC will decide, the growing interest in cryptocurrencies and their acceptance in traditional financial markets suggests that crypto ETFs may become a common investment option in the future.
