Trump ETF Filing Signals Meme-Coin Frenzy

[umair]

Hey everyone—just caught wind of some intriguing crypto news: Canary Capital Group has filed with the SEC to launch an ETF that tracks the TRUMP meme coin. The goal? Make it easy for traditional investors to get exposure to this politically charged token via normal brokerage accounts. It’s wild to see meme coins entering the mainstream financial infrastructure.

This move isn’t happening in isolation. Other firms are jumping on the bandwagon too: Tuttle has made a filing, and there’s also a joint proposal from Osprey Funds and Rex Shares. All this is apparently riding the momentum after the SEC clarified earlier this year that meme coins aren’t considered securities—so the path might be smoother than before.

As for the token itself, TRUMP was launched just three days before Donald Trump’s inauguration back in January. It quickly blew up on social media, prompting several major crypto exchanges to list it unusually fast for a meme coin. That’s a remarkable pace compared to typical listings.

Of course, not everyone’s thrilled. Critics are raising concerns about potential conflicts of interest—especially given the token’s political ties. But the White House’s response has been to emphasize that Trump’s assets are managed via a family trust, and insist there’s no conflict.

All in all, a very 2025-style development: meme coins going legit and mainstream, complete with SEC-filed ETFs and political drama. Can’t wait to see how this plays out—whether brokers will actually list it, whether the SEC will approve, and what kind of demand emerges. Thoughts?