Bloomberg Analyst: Rex's proposed DOGE ETF and TRUMP ETF could potentially debut as early as early April

BlockBeats News, January 22nd, Bloomberg ETF analyst Eric Balchunas posted on social media regarding the "Rex filing for a DOGE ETF and TRUMP ETF" incident, stating that these ETFs are both applications made under the 1940 Act, so (in theory, if not rejected) they could potentially be listed in early April (75 days after the filing).

Reportedly, Eric Balchunas is referring to the 1940 Act, which regulates asset management and derivative products portfolios. Applications filed under this act also benefit from a streamlined 75-day review process. By leveraging this process, the DOGE and TRUMP ETFs could be listed ahead of other filings (such as XRP and Solana ETFs), which need to undergo a cumbersome 240-day review process under the 19b-4 filing rule.