US issuers REX Advisers, Osprey seek approval to launch Trump meme coin ETF

CNA

Summary

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The launch of U.S. President Donald Trump's Official Trump (TRUMP) memecoin ahead of Monday's inauguration was a big win for early bird cryptocurrency holders who got wind of the launch as soon as the announcement was made, but it was a double-edged sword.
International Business Times
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It's one thing for the new President to support the blockchain industry, but veterans aren't so crazy about him joining their ranks.
Axios
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As Donald Trump was sworn in for his second term in office, completing an unprecedented political comeback, crypto markets were surging, led by Bitcoin and the new TRUMP memecoin.
Asianet Newsable
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Over the weekend Trump launched a meme coin, "Official Trump," that rose to a market cap of $73 billion in two days before a 50% drawdown.
CNBC

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