Bloomberg analyst: The DOGE ETF and TRUMP ETF submitted by Rex could be listed as early as early April

ChainCatcher news, Bloomberg's ETF analyst Eric Balchunas posted on social media regarding "Rex's submission of DOGE ETF and TRUMP ETF," stating that these ETFs are filed under the 1940 Act, and therefore (theoretically, if not denied) could be listed in early April (75 days after submission).

It is reported that Eric Balchunas is referring to the 1940 Act, which governs asset and derivative portfolio funds. Applications submitted under this act also benefit from a streamlined 75-day review process. By utilizing this process, the DOGE and TRUMP ETFs could be ahead of other filings (such as XRP and Solana ETFs), which require a cumbersome 240-day review process under the 19b-4 filing rules.