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How many more ETFs incoming? A Trump Meme Coin ETF to boot. It is hard to wrap your head around it all. But let’s give it a go👇
If DOGE gets an ETF and Trump flips DOGE, then surely we get a Trump ETF?
👀 @Bloomberg senior ETF analyst @EricBalchunas calls application for a TRUMP token exchange-traded fund “surreal” The apparently serious filing was paired with Bonk and Doge ETFs as the list of applications doubled since @GaryGensler left the SEC building on Friday. Read…
Analysts suggest that exchange-traded funds (ETFs) linked to meme coins such as Dogecoin and a newly proposed TRUMP token could be introduced as early as April, following a recent SEC rule change. The filing for the TRUMP token ETF has been described as 'surreal' by Eric Balchunas, a senior ETF analyst at Bloomberg. This application is part of a broader trend, as the number of ETF applications has reportedly doubled since Gary Gensler's departure from the SEC. The potential for a Trump meme coin ETF has sparked discussions among cryptocurrency enthusiasts, with some speculating on the implications for Dogecoin if such a fund were to materialize.