Trump Memecoin-ETF Filing Lands Days After Token’s Wild Debut

First the Trump memecoin, now the ETF.

Just days after Donald Trump sparked a speculative and controversial crypto frenzy — by launching namesake digital tokens in the run-up to his presidential inauguration — an upstart ETF firm is pitching an exchange-traded fund that will go all-in on the branded Trump coin.

On Tuesday, REX Financial and Osprey Funds filedwith the US Securities and Exchange Commission for a product trading the memecoin. Bearing the ‘TRUMP’ ticker, it was unveiled Friday to industry fanfare, while raising big questions around conflicts of interest for the president and his family, who stand to ...