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).
The Dogecoin network has seen a significant surge in activity following the inauguration of US President Donald Trump. Although this surge in activity cuts across the entire industry, on-chain data has revealed interesting dynamics among Dogecoin holders.
Deep-pocketed digital asset investors are gobbling up massive amounts of the leading meme token Dogecoin (DOGE). Trader Ali Martinez tells his 116,800 followers on the social media platform X that while retail investors are getting distracted by the recently launched Official Trump (TRUMP) memecoin, crypto whales heavily accumulated DOGE to the tune of $640.
Solana has seen a sharp 21% drop over the past three days, erasing some of the impressive gains from its recent rally. This sudden reversal is partly attributed to the meme coin frenzy, which initially boosted Solana's ecosystem but has now turned into a liquidity drain, leaving the asset vulnerable to a sell-off.
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.
Just a day after President Donald Trump's inauguration and Gary Gensler's official exit from the SEC, investment management firms Rex Shares and Osprey Funds have filed proposals for numerous spot crypto exchange-traded funds (ETFs) featuring the newly launched $TRUMP memecoin, as well as Dogecoin, Ripple's XRP, and other assets.
The price of Dogecoin jumped higher on Tuesday after the website of the newly created U.S. Department of Government Efficiency, spearheaded by tech billionaire Elon Musk, started to prominently feature a DOGE token logo — despite having no direct connection to the world's oldest and largest meme coin. The logo was published following President Donald Trump's inauguration on Monday.
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.
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%.
The Dogecoin price displays strong bullish signals after breaking out of a Falling Wedge formation. The breakout and a successful retest of the wedge pattern have fueled optimism of a potential price rally, with a crypto analyst forecasting a 50% jump to new highs soon.
The logo of the top memecoin Dogecoin (DOGE) is now the face of an official US government website. The official website of the Department of Government Efficiency (D.O.G.E.), a newly created department aimed at reducing unnecessary public costs, boasts the face of Kabuso, the deceased Shiba Inu who inspired Dogecoin. The D.O.G.E.
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.
Osprey Funds and Rex Shares have submitted filings to the US Securities and Exchange Commission for multiple crypto ETFs, including three focused on memecoins.
REX Shares has filed multiple exotic ETF applications for such tokens as XRP, Solana (SOL), and Dogecoin (DOGE).
The following article is adapted from The Block's newsletter, The Daily, which comes out on weekday afternoons.
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.
Dogecoin's (CRYPTO: DOGE) recent surge in whale activity, coupled with the filing of a DOGE Exchange-Traded Fund (ETF), has bolstered market sentiment, sending its odds on prediction markets higher. What Happened: Kalshi betting markets have adjusted their odds, with the likelihood of DOGE hitting $1 before September 2025 climbing 7 points to 33%.
The Department of Government Efficiency launched a website with scant details, but a large Dogecoin logo caused social media speculation.
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.
Dogecoin (DOGE 5.88%) is climbing higher Tuesday despite a backdrop of pullbacks for the broader crypto market. The popular meme coin's token price was up 3% over the past 24 hours as of 11:40 a.m.
The US Department of Government Efficiency's website prominently displayed the Dogecoin logo, triggering the memecoin's rally.
Elon Musk's DOGE (Department of Government Efficiency) is facing legal scrutiny yet again. This time, however, it is through a lawsuit stating that it's not in compliance with federal transparency rules.
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.
The election of Donald Trump ignited a strong cryptocurrency bull run in early November of 2024. Trump was largely seen as the pro-crypto candidate of the 2024 election — having promised to open a strategic Bitcoin (BTC) reserve for the United States and even launching his own meme coin on January 17.
REX Shares, an exchange-traded products provider, has filed for several exchange-traded funds, including listings for TRUMP and Dogecoin ETFs. The asset manager submitted the ETF filings with the U.S. Securities and Exchange Commission on Jan.
A cryptocurrency trading expert is predicting that Dogecoin's (DOGE) technical indicators suggest the meme coin is building momentum for an ambitious 4,000% rally.
Entrepreneur and political commentator Vivek Ramaswamy is no longer part of the Department of Government Efficiency (DOGE),
The altcoin space plummeted over the past day as Donald Trump failed to comment on cryptocurrency during the inauguration ceremony. While most assets endured significant declines, TRUMP (Official Trump), Dogecoin, and Ethena attracted attention due to separate post-inauguration events. Let us find out more.
Just a day after Gary Gensler's formal exit from the SEC, a slew of meme coin ETFs have been filed.
It might be safe to say that Trump is taking a rather bold approach in his plans to dismantle bureaucratic inefficiencies and promote innovative governance.
Osprey Funds files for seven spot crypto ETFs, featuring Trump and Doge tokens, as Trumps pro-crypto presidency takes shape. The post Trump and Doge meme coins get ETF filings as Trump begins second term in office appeared first on Crypto Briefing.
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.
Elon Musk's extra-governmental Department of Government Efficiency (D.O.G.E.) was hit with a lawsuit on Monday, just minutes after Donald Trump's swearing-in, challenging its operations.
Dogecoin's network activity is heating up, with whale transactions recently increasing. According to Ali, a crypto analyst, the number of transactions exceeding $1 million on the Dogecoin network has surged, reaching 588 transactions in the past 24 hours.
In a consolidating crypto environment, Tron and Dogecoin show reasons for optimism, with supportive technical structures. While no forecast is guaranteed, these setups highlight opportunities for those managing risk responsibly.
Dogecoin price has once again gained notable traction with its recent recovery and soared more than 2% in the last 24-hour time frame. However, it appears that market concerns are soaring due to the series of lawsuits against Elon Musk's Department of Government Efficiency (D.O.G.E.
With the market recording more than $630 million in crypto liquidations in the past 24 hours, securing profits and cutting losses remains the goal for market whales. This became evident with a recent Dogecoin (DOGE) transfer to Binance, sparking sell-off concerns.
The new U.S. Department of Government Efficiency (D.O.G.E.), led by Elon Musk, surprised everyone by showing the Dogecoin logo on its website. This move caused Dogecoin's price to jump by 15% in just a few minutes, grabbing the attention of crypto fans everywhere. Is this the start of a big rise for Dogecoin? D.O.G.
A Department of Government Efficiency website has appeared, prominently featuring the Dogecoin logo—causing the token to spike.
Musk's involvement in government efficiency could legitimize cryptocurrencies, potentially influencing broader adoption and market dynamics. The post Dogecoin soars 14% as Musk's DOGE drops official website featuring its logo appeared first on Crypto Briefing.
The Dogecoin price is at a critical juncture as a crypto analyst has pinpointed key price levels that could dictate its next significant move upwards. With the number one meme coin currently trading above $0.34, the analyst predicts a breakout to $1.4 if bullish conditions stay favorable and a price crash to new lows if Dogecoin fails to reach a critical level.
While President Donald Trump ‘s inauguration on Monday introduced a new Department of Government Efficiency, the anticipated boost to Dogecoin (CRYPTO: DOGE) and related parody tokens failed to fully materialize. This unexpected reaction suggests the complex relationship between meme coins and real-world political events, suggesting the market isn't always predictable even when seemingly direct connections exist.
Vivek Ramaswamy announced on Jan. 20 that he will step down from his role as co-leader of the Department of Government Efficiency (DOGE), where he worked alongside Elon Musk.
Former presidential aspirant and American entrepreneur has confirmed the decision to abandon his Department of Government Efficiency (D.O.G.E) co-lead role. While optimistic about Musk's D.O.G.E leadership, Ramaswamy's move hours after Trump's inauguration attracted the crypto community due to the organization's indirect link with meme crypto Dogecoin.
The official Department of Government Efficiency website now sports a dogecoin token logo.
Dogecoin's (DOGE) price is surging after the Department of Government Efficiency, led by Elon Musk under Trump's administration, began featuring the coin's logo on its official website.