Dogecoin and Trump ETFs could arrive by April: analysts

Wall Street could soon experience a dose of crypto chaos, as the first-ever exchange-traded funds (ETFs) for Dogecoin (DOGE) and the new official Trump meme coin (TRUMP) could debut as soon as April, analysts say.

Eric Balchunas, senior ETF analyst at Bloomberg, reported the accelerated timeline after fellow analyst James Seyffart. revealed ETF filings from Miami-based REX Shares on Tuesday.

REX shares have filed proposals for DOGE And ASSET ETFs, alongside Bonk (BONK), Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP (XRP).

If given the green light, these ETFs could bridge the gap between coins and traditional finance by giving investors access to internet-born cultural icons through standard brokerage accounts.

“These are Act 40 filings and so (in theory, if not disapproved) they could hit the market in early April…” Balchunas wrote. X.

He was referring to the 1940 law, which governs funds combining assets and derivatives. Filings submitted under the Act also benefit from a streamlined 75-day review process.

By taking advantage of this process, DOGE and TRUMP ETFs could get ahead of other deposits, like XRP And Solana ETFs – which require a tedious 240 day deadline under Filing Rules 19b-4.

“The crypto market survives on the principles of innovation and cultural relevance,” said Saravanan Pandian, CEO of KoinBX. Decrypt. “Dogecoin, with its ever-increasing adoption and the emergence of meme-driven financial instruments, reflects a shift in how the new generation interacts with investments.”

Pandian sees huge potential in meme coin ETFs: “I agree that a Dogecoin ETF could arrive sooner than expected if the regulatory landscape aligns, and we could see these trends formalized as early as April, sparking new opportunities in the digital assets space.

Dogecoin, once a tongue-in-cheek 2013 creation, has become a global crypto heavyweight, driven by strong liquidity and cultural clout.

Endorsed by figures such as the CEO of Tesla and the head of the Department of Government Effectiveness (DOGE) Elon MuskThe coin has historically dominated meme coin trading volumes.

As with TRUMP, the meme coin inspired by sitting US President Donald Trump has quickly moved up the ranks, currently trading at $43.24, up 21.1% in the past 24 hours, according to Coingecko. data.

Litecoin also saw renewed interest following Canary Capital’s amendment to its S-1 filing with the SEC earlier this month.

Balchunas and Seyffart note that these updates, often indicative of regulatory commitment, suggest momentum toward approval.

Regulatory Changes Bring Optimism for Meme Coin ETFs

The U.S. Securities and Exchange Commission (SEC) is seeing major leadership changes, with a pro-crypto interim chairman Marc Uyeda speaking following Gary Gensler resignation.

Uyeda’s arrival has raised hopes in the crypto industry for a more favorable approach to innovative crypto products, including the proposed meme coin ETFs.

The inclusion of the TRUMP meme coin in these filings presents a unique challenge for the regulatory agency because it raises questions about how the SEC will handle a product linked to the president’s meme coin.

“Although Trump memecoin experienced a brief price drop yesterday, I am confident that the Trump ETF will be available soon, due to his position as President of the United States of America,” Pandian said.

Edited by Stacy Elliott.