Dogecoin, BONK, or This Viral Crypto? ETF Approval Could Mean 10x Gains in 2025
The tussle between DOGE, BONK, and DTX leaves experts questioning the price hikes these can achieve after ETF approval. DTX, BONK, and Dogecoin prices are sure to shoot.
Keep up with what's happening in the crypto world in real-time.
The tussle between DOGE, BONK, and DTX leaves experts questioning the price hikes these can achieve after ETF approval. DTX, BONK, and Dogecoin prices are sure to shoot.
While the global cryptocurrency market rebounds from a recent decline, as the market cap rises by almost 2%, Bonk (BONK), the pioneering dog-themed coin on the Solana blockchain, has experienced a notable price decrease. As of January 29, 2025, BONK is priced at $0.00002531, reflecting a drop of 17.60% in the last week.
Eric Balchunas, a senior Bloomberg ETF analyst, has suggested that the potential for a Bonk 2x ETF remains strong.
The ETF Store president Nate Geraci believes that memecoins would take “questionable investments packaged into exchange-traded funds (ETFs)” to an entirely new level.
Although Bitcoin and Ethereum rule the crypto market, smart investors know that the lesser-known tokens with great fundamentals always have the most growth. There are relatively low-risk altcoins like Rexas Finance (RXS), Dogecoin (DOGE),
Tuttle Capital Management has filed for several exotic leveraged cryptocurrency ETFs that are seemingly meant to test the boundaries of the new SEC leadership.
A leveraged ETF uses financial derivatives and debt to amplify the daily returns of the underlying security.
The approval of the first memecoin ETFs is more likely after the departure of former SEC chair Gary Gensler, regulatory experts told Cointelegraph.
BONK has surged 12% in the past 24 hours, driven by renewed investor interest after REX Shares filed for an ETF application.
With Donald Trump assuming office as the US President, the crypto market has experienced heightened volatility. While some altcoins have surged, others have faced significant crashes, and many are gaining attention due to recent developments.
DOGE, BONK, TRUMP, BTC, ETH, SOL and XRP in the list.
Amid the fervor generated by the latest launches of President Donald Trump and First Lady Melania's memecoins, REX Shares and Osprey, have captured attention by submitting filings for ETFs associated with several of the most popular cryptos: TRUMP, Bonk Inu (BONK), and Dogecoin (DOGE).
In a bold move following Trump's inauguration and Gensler's resignation, REXShares and Ospreys Funds have filed for multiple spot crypto ETFs, including pioneering memecoin funds.
A new ETF filing proposed to base a product on TRUMP meme tokens, though mixed with low-volatility assets like US government debt and money market funds.
Bonk (CRYPTO: BONK) is rallying following a first filing for a Bonk ETF. Cryptocurrency Price Market Cap 24-Hour Trend 7-Day Trend Bonk (CRYPTO: BONK) $0.00003417 $2.6 billion +10.5% +25% OFFICIAL TRUMP (CRYPTO: TRUMP) $42.39 $8.5 billion +6% +552.5% Dogecoin (CRYPTO: DOGE) $0.3832 $56.6 billion +6.9% +7.4% Trader Notes: Crypto trader Mayne noted that BONK's price action reflects a strong push into demand, predicting it is "attempting a big reclaim.
Rex Shares has filed for several meme coin ETFs, including TRUMP, BONK, and DOGE. The firm is also attempting to begin offering several more conventional crypto ETFs, such as Bitcoin and Ethereum.
A Miami-based investment firm with over $5 billion in assets under management, REX Shares, has filed to list a suite of cryptocurrency exchange-traded funds (ETFs) offering exposure to various altcoins, including major memecoins.
Bonk, the second-biggest meme coin on Solana, rose after Rex Shares filed for a spot exchange-traded fund. Bonk (BONK) rose by 6.5%, making it one of the best-performing Solana (SOL) meme coins.
TL;DR REX Shares has filed with the SEC to launch cryptocurrency ETFs, including Bitcoin, Ethereum, and the memecoin TRUMP, targeting institutional investors. The ETFs will invest at least 80% in a reference asset, and the TRUMP ETF will use a subsidiary to manage investments. Eric Balchunas from Bloomberg described the inclusion of TRUMP as “surreal.
Just a day after Donald Trump's inauguration, two firms have filed proposals for a wide range of new crypto-based investment products, including some unexpected entries: exchange-traded funds, or ETFs, based on meme coins. Why It Matters: The firms, REXShares and Osprey, have jointly submitted filings with the SEC for a whole suite of crypto ETFs, going far beyond the traditional Bitcoin (CRYPTO: BTC) and Ether (CRYPTO: ETH) options.
Osprey Funds and Rex Shares are looking for the SEC's sign off for several proposals for exchange-traded funds based off of TRUMP and DOGE.
Just a day after Gary Gensler's formal exit from the SEC, a slew of meme coin ETFs have been filed.
In a recent development, asset manager REX Shares has applied for a flurry of crypto-related exchange-traded funds (ETFs) with the US Securities and Exchange Commission (SEC). The filing included applications for ETFs that will offer XRP, SOL, DOGE, and BONK to institutional investors.
The Solana-based meme coin BONK has broken a long-coming trendline for a bullish rally. Will this rally give a return of more than 100% this month?