His campaign promises, including the establishment of a strategic Bitcoin reserve for the U.S. and the launch of his own meme coin on January 17, added to the optimism. However, Trump\u2019s inaugural address and initial executive orders made no mention of cryptocurrency, leaving investors guessing about his specific policies. Despite this, market enthusiasm has remained strong, with both retail and institutional players driving the rally.<\/p>\n
Institutional interest, often more conservative, has shown surprising alignment with the ongoing excitement. A recent Securities and Exchange Commission (SEC) filing on January 21 revealed<\/a> <\/strong>plans by REX Shares and Osprey Funds to launch seven new cryptocurrency exchange-traded funds (ETFs). Among these, two ETFs stand out as unprecedented in the market: ones based on Dogecoin (DOGE<\/a><\/strong>) and Trump\u2019s meme coin (TRUMP).<\/p>\n In addition to the meme coin ETFs, the filing outlined plans for Bitcoin<\/a><\/strong>, Ethereum (ETH<\/a><\/strong>), Solana (SOL<\/a><\/strong>), and XRP<\/a> <\/strong>ETFs. According to analyst James Seyffart, these funds will be filed under the 1940 Act, similar to crypto futures ETFs. This structure allows the ETFs to include a mix of derivatives and direct asset holdings, managed through a Cayman Islands-based subsidiary.<\/p>\n