Rex Osprey’s filing for crypto ETFs, including a surprise Trump token, stirs buzz despite recent token crashes.
Well, it looks like Rex Osprey just stirred the pot with a filing with the SEC to offer crypto ETFs. Plus it includes big guns like Bitcoin (BTC), Ethereum (ETH), Solana (SOL), XRP, Dogecoin (DOGE), Bonk (BONK), and a wild card-the Trump token. Yep, inspired by that Trump.
The Trump token is fresh on the scene, launching only five days ago, and it’s already been a rollercoaster. It blew up, hitting a $15 billion market cap and a crazy $75 billion valuation by Sunday. But things turned messy when another meme coin tied to Melania Trump dropped, splitting the hype and tanking both tokens. RIP to the traders who got caught in the crash.
The chaos doesn’t seem to deter Rex Osprey, though. They have filed the required paperwork with the SEC, trying to provide investors with cryptos without actually having to own them. Pretty bold, considering the Trump ETF caught everyone off guard.
Approval isn’t guaranteed, but this is a major play for the crypto world. If this flies, it could open doors for more creative financial products in the digital asset space. Stay tuned—this could get spicy!
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