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Bloomberg analyst: The DOGE ETF and TRUMP ETF submitted by Rex could be listed as early as early April.
TechubNews
BlockBeats News, on January 22, Eric Balchunas, an ETF analyst at Bloomberg, commented on social media regarding the ‘Rex submits DOGE ETF and TRUMP ETF’ issue, stating that these ETFs are based on applications submitted under the 1940 Act, and therefore (theoretically, if not rejected) may be listed in early April (75 days after submission).
According to reports, Eric Balchunas refers to the 1940 Act, which governs asset and derivative portfolio ETFs. Applications submitted under this Act may also benefit from a streamlined 75-day review process. By taking advantage of this process, DOGE and TRUMP ETFs can be filed ahead of others (such as XRP and Solana ETFs), which require a cumbersome 240-day review process under rule 19b-4.
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