The U.S. Securities and Exchange Commission (SEC) has received a new exchange-traded fund (ETF) application from Rex-Osprey, focusing on three popular meme coins: TRUMP, DOGE, and BONK.
This strategic move could significantly influence price movements, as ETFs typically attract institutional investors.
Potential Price Surge Due to ETFs
By packaging these meme coins into an ETF, Rex-Osprey aims to target a broader investor base, potentially boosting the visibility and liquidity of these digital assets.
According to Polymarket, the Dogecoin ETF is projected to experience steady growth following its launch on July 31, 2025. The likelihood of approval has surged from 7.50% to 29%.
This jump in ETF DOGE’s approval chances reflects growing confidence among traders and speculators in the broader acceptance of meme coins.
Meme Coin Performance Highlights
- BONK/USDT: BONK shows a bullish sentiment after breaking out of a triangle pattern. This key technical formation suggests the potential for a continued upward trend if the breakout sustains. Currently, BONK is trading at a critical support level of $0.00003984 (approximately Rp0.65), with the next resistance point at $0.00006002 (around Rp0.98).
- TRUMP: After a 472% price surge over the past week, TRUMP has dropped 12% in the last 24 hours to $37.12 (roughly Rp603,000).
The growing interest in meme coins as ETF assets underscores their increasing acceptance in the financial market and could mark a significant shift in the crypto space.
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