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Bloomberg Analyst: Rex's proposed DOGE ETF and TRUMP ETF could potentially debut as early as early April

4 hours ago

On January 22nd, Bloomberg ETF analyst Eric Balchunas posted on social media regarding the "Rex filing for a DOGE ETF and TRUMP ETF" incident and stated that both of these ETFs are applications made under the 1940 Act. So (in theory, if not rejected), they potentially could be listed in early April (75 days after the filing). It is reported that Eric Balchunas is referring to the 1940 Act, which regulates asset management and derivative products portfolios. Applications filed under this act also enjoy a streamlined 75-day review process. By using this process, the DOGE and TRUMP ETFs can be listed ahead of other filings (such as XRP and Solana ETFs), which need to go through a cumbersome 240-day review process under the 19b-4 filing rule.
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