Wall Street could soon get a dose of crypto chaos, as the first-ever exchange-traded funds (ETFs) for Dogecoin (DOGE) and the newly minted Official Trump (TRUMP) meme coin may debut as early as April, according to analysts.
Bloomberg senior ETF analyst Eric Balchunas flagged the accelerated timeline after fellow analyst James Seyffart revealed Miami-based REX Shares’ ETF filings on Tuesday.
REX Shares has filed proposals for DOGE and TRUMP ETFs, alongside Bonk (BONK), Bitcoin (BTC), Ethereum (ETH), Solana (SOL), and XRP (XRP).
If they're greenlit, these ETFs could bridge meme coins and traditional finance by giving investors access to internet-born cultural icons through standard brokerage accounts.
Good point on the Doge/Trump ETF filing, these are '40 Act filings and so (theoretically, if they aren't disapproved) could hit the market in early April (75 days after filing) and beat the XRP, Solana, Litecoin ETFs out bc those have to file 19b-4s which have a 240-day clock.… https://t.co/t5ftWo9ZKR
— Eric Balchunas (@EricBalchunas) January 21, 2025
“These are '40 Act filings and so (theoretically, if they aren't disapproved) could hit the market in early April...” Balchunas wrote on X.
He was referring to the 1940 Act, which governs funds combining assets and derivatives. Filings submitted under the Act also enjoy a streamlined 75-day review process.
By leveraging this process, DOGE and TRUMP ETFs could leapfrog other filings—like XRP and Solana ETFs—which require a cumbersome 240-day timeline under 19b-4 filing rules.
“The crypto market survives on the principles of innovation and cultural relevance,” Saravanan Pandian, CEO of KoinBX, told Decrypt. “Dogecoin, with its ever-growing adoption, and the emergence of meme-driven financial instruments, reflect a shift in how the new generation interacts with investments.”

Solana and XRP ETFs Could Attract Billions, But Will Fall Short of Bitcoin: JP Morgan
The success of the Bitcoin ETFs—launched this time last year—was unprecedented. And there’s a market for more crypto funds, according to analysts at America’s biggest bank, though that level of prosperity will be difficult to duplicate. In a Monday report, a team of researchers at JP Morgan said that Solana and XRP ETFs could respectively pull in billions of dollars’ worth of cash from investors. Still, vehicles for top altcoins would still fall well short of Bitcoin exchange-traded products o...
Pandian sees tremendous potential in the meme coin ETFs, “I agree that a Dogecoin ETF could arrive earlier than expected if the regulatory landscape aligns, and we could see these trends formalized as early as April, sparking new opportunities in the digital asset space.”
Dogecoin, once a tongue-in-cheek creation from 2013, has grown into a global crypto heavyweight, driven by strong liquidity and cultural clout.
Endorsed by figures such as Tesla CEO and the Department of Government Efficiency (DOGE) head Elon Musk, the coin has consistently dominated meme coin trading volumes.

Litecoin Price Jumps Double-Digits As ETF Speculation Ramps Up
The price of Litecoin soared by double-digits in the past 24 hours to reach a four-week high of $118, as optimism brews around the potential approval of a Litecoin-based exchange-traded fund. At time of publication, Litecoin is trading at around $117, up 15.1% on the day, per data from CoinGecko. Litecoin's surge followed Canary Capital’s amendment to its S-1 registration form with the U.S. Securities and Exchange Commission (SEC) on January 15, a move analysts interpret as a major step toward r...
As with TRUMP, the meme coin inspired by the sitting U.S. President Donald Trump, has quickly climbed the ranks, currently trading at $43.24—up 21.1% in the last 24 hours, according to Coingecko data.
Litecoin has also seen renewed interest following Canary Capital’s amendment to its S-1 registration with the SEC earlier this month.
Balchunas and Seyffart noted that these updates, often indicative of regulatory engagement, suggest momentum toward approval.
Regulatory Shifts Bring Optimism for Meme Coin ETFs
The U.S. Securities and Exchange Commission (SEC) is undergoing significant leadership changes, with pro-crypto Acting Chair Mark Uyeda stepping in following Gary Gensler’s resignation.
Uyeda’s arrival has sparked hope across the crypto industry for a more favorable approach toward innovative crypto products, including the proposed meme coin ETFs.

Pro-Crypto Mark Uyeda Named Acting SEC Chair With Gensler Gone
U.S. Securities and Exchange Commissioner Mark Uyeda will temporarily lead the cryptocurrency industry's main regulator as acting chair, amid a broader shakeup across several federal government agencies. The appointment comes immediately after SEC Chairman Gary Gensler stepped down as Wall Street's top cop Monday, as expected, alongside President Donald Trump's inauguration. The former leader of the Commission said last November that he'd resign on January 20 due to changing political tides, sig...
The inclusion of TRUMP meme coin in these filings presents a unique challenge for the regulatory agency as it raises questions about how the SEC will handle a product tied to the President’s meme coin.
"While Trump memecoin saw a brief dip in prices yesterday, I am positive the Trump ETF will happen soon, owing to his position as the President of the United States of America,” Pandian stated.
Edited by Stacy Elliott.