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news-imageJanuary 21, 2025

Osprey, Rex file to list ETFs tracking President Trump's memecoin, XRP, BONK and other tokens

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.
Publisher: The Block
Sentiment: Neutral
BONK
XRP

More News Articles

Negative
cover-imageCrypto Reporter
January 22, 2025

XRP Price To Fall Amidst Widespread Sell-Offs, Experts Guarantee Better Returns With This Hidden $0.04 Altcoin Set To Jump 400x

The XRP price is in the news amidst widespread sell-offs as it continues to consolidate away from the all-time high price. XRP investors are now moving massive liquidity out of their long market positions as they seek better returns for their investments. Investment experts have now highlighted WallitIQ (WLTQ), a hidden $0.

Positive
cover-imageNewsBTC
January 21, 2025

Big Players Bet Big On XRP, Solana With Excitement Around Donald Trump's Presidency, Here Are The Figures

The return of Donald Trump to the presidency has caused a wave of enthusiasm in the digital asset market, with institutional investors making bold bets on cryptocurrencies like XRP and Solana. This trend is noted by the CoinShares' Digital Asset Fund Flows Weekly Report, which reveals a historic influx of funds into the crypto market with total assets under management (AuM) now at a new all-time high.

Positive
cover-imageBenzinga
January 21, 2025

Bitcoin, Ethereum, XRP, Dogecoin Rally On Post-Inauguration Tuesday

Tuesday's surge in cryptocurrency markets coincides with a wave of ETF filings submitted to the SEC within 24 hours of the Donald Trump administration taking office. Cryptocurrency Price Gains +/- Bitcoin (CRYPTO: BTC) $107,106.40 +3.3% Ethereum (CRYPTO: ETH) $3,335.10 +0.1% Solana (CRYPTO: SOL) $252.85 +2.7% XRP (CRYPTO: XRP) $3.19 +2.2% Dogecoin (CRYPTO: DOGE) $0.3841 +7.2% Shiba Inu (CRYPTO: SHIB) $0.00002102 +2.2% Notable Statistics: IntoTheBlock data shows large transaction volume increasing by 35.8% and daily active addresses up by 7.3%.

Positive
cover-imageBenzinga
January 21, 2025

Bonk Rallies 10% Following Bonk, Dogecoin, Trump Meme Coin ETF Filing

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.

Positive
cover-imageCoinPedia
January 21, 2025

$58 Million Worth XRP at Risk of Liquidation

Amid the ongoing market volatility, XRP's short sellers seem to be in trouble as market sentiment points toward a reversal. On-chain metrics suggest that the bulls are back in action, strongly supporting XRP, the native token of Ripple Labs.

Positive
cover-imageCrypto Economy
January 21, 2025

XRP, DOGE, and BONK ETFs? REX Shares Pushes for Crypto Investment Expansion

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.

Neutral
cover-imageBenzinga
January 21, 2025

Meme Coin Supercycle? Dogecoin, Trump, Bonk Futures ETF Applications Filed

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.

Positive
cover-imageUToday
January 21, 2025

XRP on Verge of Ultra Rare Golden Cross Versus Bitcoin

The price action of the popular cryptocurrency XRP against its leading opponent in the crypto market rankings, Bitcoin (BTC), has been a point of attraction for weeks, if not months. Since the beginning of November, XRP has gained nearly 270% against BTC, and according to technical analysis patterns, this may not be the end of the rally.

Neutral
cover-imageInvezz
January 21, 2025

Mark Uyeda becomes SEC chair: could Ripple's lawsuit see a breakthrough?

Mark Uyeda's appointment as the new chairman of the Securities and Exchange Commission (SEC) marks a pivotal moment for the regulatory landscape of cryptocurrencies in the US. As Gary Gensler steps down, his successor inherits a challenging portfolio, including the highly contentious lawsuit against Ripple Labs over the classification of XRP as a security.

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