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Potential Crypto ETFs: Dogecoin, XRP, and Solana Lead the Race
After the success of Bitcoin and Ethereum ETF funds in the U.S., the cryptocurrency industry continues to witness a wave of new applications for ETF funds based on prominent coins like Dogecoin, XRP, Solana, and even unique 'meme' coins. Below are details about these potential funds:
1. Solana: The next giant?
Many organizations like VanEck, 21Shares, and #Bitwise have proposed ETF funds that track the spot price of Solana – the fourth largest cryptocurrency by market capitalization. Predictions indicate that if approved, Solana ETF funds could attract between $4 to $8 billion in investments, according to J.P. Morgan.
1. Solana: The next giant?
Many organizations like VanEck, 21Shares, and #Bitwise have proposed ETF funds that track the spot price of Solana – the fourth largest cryptocurrency by market capitalization. Predictions indicate that if approved, Solana ETF funds could attract between $4 to $8 billion in investments, according to J.P. Morgan.
Rex Shares launches Bitcoin treasury convertible bond ETF
Investment firm #RexShares has introduced the #BMAX ETF, which focuses on convertible bonds issued by companies that incorporate #bitcoin $BTC into their corporate treasury. The fund provides investors with access to bonds from firms such as #Strategy, which makes up over 81% of its holdings, along with bitcoin miners #MARA and #Riot Platforms.
The launch follows the debut of Bitwise’s Bitcoin Standard Corporations #ETF earlier this week. Rex Shares has been expanding its crypto-related ETF offerings, recently filing for funds linked to various cryptocurrencies, including #Ethereum $ETH , #Solana $SOL , and #Dogecoin $DOGE.
Investment firm #RexShares has introduced the #BMAX ETF, which focuses on convertible bonds issued by companies that incorporate #bitcoin $BTC into their corporate treasury. The fund provides investors with access to bonds from firms such as #Strategy, which makes up over 81% of its holdings, along with bitcoin miners #MARA and #Riot Platforms.
The launch follows the debut of Bitwise’s Bitcoin Standard Corporations #ETF earlier this week. Rex Shares has been expanding its crypto-related ETF offerings, recently filing for funds linked to various cryptocurrencies, including #Ethereum $ETH , #Solana $SOL , and #Dogecoin $DOGE.
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First Meme Coin ETF Proposed: A New Breakthrough After Changes at the SEC
Immediately after Gary Gensler left his position as SEC Chairman, REX Shares quickly filed for a series of crypto ETF funds, including prominent meme coins like TRUMP, BONK, and Dogecoin, alongside major coins like Bitcoin, Ethereum, Solana, and XRP.
Important Highlights
• #RexShares , a company in Miami, has become well-known for its exchange-traded products (ETPs) and crypto funds through its sister company Osprey Funds, which currently manages over $8 billion in assets.
Important Highlights
• #RexShares , a company in Miami, has become well-known for its exchange-traded products (ETPs) and crypto funds through its sister company Osprey Funds, which currently manages over $8 billion in assets.
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TRUMP Meme Coin on Solana Now Available for Purchasing Official Merchandise of Former President Trump
The Official Trump meme coin ($TRUMP ) on Solana can now be used to purchase official products inspired by former President Donald Trump, including watches, fragrances, and sneakers.
TRUMP Coin Accepted as Payment
Retail websites such as GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com have now integrated TRUMP as a payment method through #SolanaPay - a free payment platform on the Solana blockchain. In addition to TRUMP, customers can still pay with Bitcoin or traditional credit cards.
TRUMP Coin Accepted as Payment
Retail websites such as GetTrumpWatches.com, GetTrumpFragrances.com, and GetTrumpSneakers.com have now integrated TRUMP as a payment method through #SolanaPay - a free payment platform on the Solana blockchain. In addition to TRUMP, customers can still pay with Bitcoin or traditional credit cards.
REX Shares has launched the REX Bitcoin Corporate Treasury Convertible Bond ETF (BMAX), the first fund focused on convertible bonds from companies holding $BTC in their treasury.
This ETF offers retail investors exposure to firms using corporate debt to buy Bitcoin, a strategy popularized by Michael Saylor.
#RexShares
This ETF offers retail investors exposure to firms using corporate debt to buy Bitcoin, a strategy popularized by Michael Saylor.
#RexShares
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