Rex Shares is preparing to bring a new wave of unconventional exchange-traded funds (ETFs) to US markets.

On Sept. 3, the asset manager filed a prospectus with the Securities and Exchange Commission (SEC) for the REX-Osprey Dogecoin ETF, which will trade under the ticker DOJE.

The filing also references similar products linked to XRP, Solana (SOL), Ethereum (ETH), Bitcoin (BTC), BONK, and TRUMP tokens.

Bloomberg ETF analyst Eric Balchunas noted that Rex’s effective filing signals a potential launch within days for these products.

He wrote:

“Looks like Rex is going to launch a Doge ETF via the 40 Act a la SSK next week.”

Balchunas pointed out that while Dogecoin may be the first to debut, other products tied to Trump, XRP, and Bonk could soon follow.

Why REX ETF products launch early

Unlike traditional ETFs that require lengthy SEC approval through the 19b-4 process, Rex Shares has chosen a different regulatory path.

The proposed products are registered under the Investment Company Act of 1940 and structured as C-corporations. This model allows the firm to sidestep the standard exchange rule approval process while gaining exposure to digital assets through a Cayman Islands subsidiary.

The Crypto Investor Blueprint: A 5-Day Course On Bagholding, Insider Front-Runs, and Missing Alpha

Nice Your first lesson is on the way.

Please add [email protected] to your email whitelist.

Meanwhile, choosing a C-corporation structure carries crucial tax implications for investors.

VanEck explained that most ETFs elect to be treated as regulated investment companies (RICs), which enables them to avoid fund-level taxation by distributing income and capital gains directly to shareholders. However, RICs must meet strict requirements for income sources, asset diversification, and distributions.

In contrast, C-corporations face taxation at the fund level, and any subsequent investor payouts are also taxable.

Investors have often criticized this arrangement as “double taxation.” As a result, ETFs tend to avoid this setup.

However, REX Shares’ decision suggests that speed to market and flexibility outweighed the potential tax drawbacks these products might attract.

Notably, the asset manager had launched the first-ever staked crypto ETF in the US through this structure earlier this year.

Mentioned in this article

Ethereum price started a fresh increase above the $2,485 zone. ETH is now consolidating gains and might soon aim for a move above the $2,520 resistance.

• Ethereum started a fresh upward move above the $2,465 level.
• The price is trading above $2,460 and the 100-hourly Simple Moving Average.
• There is a key bullish trend line forming with support at $2,450 on the hourly chart of ETH/USD (data feed via Kraken).
• The pair could start a fresh increase if it remains stable above the $2,400 zone in the near term.

Ethereum Price Eyes Fresh Gains

Ethereum price started a fresh increase above the $2,440 support level, like Bitcoin. ETH price was able to clear the $2,460 and $2,480 resistance levels to move into a positive zone.

The bulls even pushed the price above the $2,500 zone. However, the bears were active near the $2,520 level. A high was formed at $2,522 and the price is now consolidating gains. The price dipped below the 23.6% Fib retracement level of the upward move from the $2,435 swing low to the $2,522 high.

Ethereum price is now trading above $2,460 and the 100-hourly Simple Moving Average. There is also a key bullish trend line forming with support at $2,450 on the hourly chart of ETH/USD. It is close to the 76.4% Fib retracement level of the upward move from the $2,435 swing low to the $2,522 high.

On the upside, the price could face resistance near the $2,520 level. The next key resistance is near the $2,550 level. The first major resistance is near the $2,600 level. A clear move above the $2,600 resistance might send the price toward the $2,680 resistance.

An upside break above the $2,680 resistance might call for more gains in the coming sessions. In the stated case, Ether could rise toward the $2,750 resistance zone or even $2,800 in the near term.

Downside Break In ETH?

If Ethereum fails to clear the $2,520 resistance, it could start a fresh decline. Initial support on the downside is near the $2,450 level and the trend line. The first major support sits near the $2,420 zone.

A clear move below the $2,420 support might push the price toward the $2,400 support. Any more losses might send the price toward the $2,350 support level in the near term. The next key support sits at $2,320.

Technical Indicators

Hourly MACD – The MACD for ETH/USD is losing momentum in the bullish zone.

Hourly RSI – The RSI for ETH/USD is now above the 50 zone.

Major Support Level – $2,420

Major Resistance Level – $2,520

Crypto majors have remained under pressure despite President Trump’s talks of a US crypto reserve. Amid the tariff jitters and economic uncertainties, the market is in a risk-off mood.

Nonetheless, savvy investors continue to look for opportunities beyond the majors. Bitcoin Pepe, the first meme ICO on Bitcoin’s network, is one of the projects on meme lovers’ radar. Its one-of-a-kind infrastructure and virality have positioned it for a crypto revolution with its early adopters earning heftily in the process.

Bitcoin price caught between risk-off mood and bull run optimism

Bitcoin price is back above the crucial support zone of $85,000 after plunging below it in the previous session. However, the market remains noisy as extreme fear overshadows the highly anticipated bull run of 2025.

In the near term, the bulls will likely face resistance along the 25-day EMA at $92,177. That may yield range-bound trading with the major finding support at $85,073. Further rebounding will place the next target at $94.553. 

Bitcoin Pepe sets the stage for a crypto revolution

The meme culture has revolutionized the crypto market as savvy investors look for profitable opportunities in affordable projects with huge growth potential. The popularity of meme coins has boosted the market to a market cap of $59 billion according to CoinGecko.

It is no wonder Bitcoin Pepe, the first meme ICO on the Bitcoin network, has caught the industry by storm. About three weeks since the launch of its presale, the project has already sold out its first 5 stages. During that period, it has raised over $3.8 million. Besides, its token price has surged by 27.6% to the current $0.0268. 

Indeed, Bitcoin Pepe is designed in favor early adopters. By the end of the remaining 24 sessions, the token price will have cumulative gains of 311.4% at $0.0864.

This success is not just built on its virality; its infrastructure adds to the project’s growth potential. To begin with, it combines Solana’s speed with Bitcoin’s stability. Besides, the PEP-20 standard enables one to launch meme coins on Bitcoin. It is these factors that are set to sustain the project’s upward momentum before and after its listing in the year’s second quarter. Find out how to buy Bitcoin Pepe here.

Ripple price underperforms as talks of a crypto reserve underwhelms the market

Ripple price extended its gains on Wednesday; erasing some of the losses recorded at the start of the week. Even so, it remains under pressure as investors maintain a risk-off mood with a crypto fear & greed index of 20. Optimism over a US crypto reserve as highlighted by President Trump appears to be fading. 

A look at its daily chart shows the altcoin’s price hovering around the 25 and 50-day EMAs. In the near term, the range between $2.2631 and $2.6065 will be worth watching. Further rebounding will likely have Ripple price find resistance at $2.7450. However, this thesis will be invalidated by a pullback past the lower support zone of $2.1640.

Crypto majors crumbled in early Monday session as financial markets reacted to President Trump’s decision to impose hefty tariffs on its key trade partners. While the risk-off mood pushed the digital assets to multi-month lows, savvy investors saw an opportunity to ‘buy the dip’. Subsequently, the likes of Ripple and Bitcoin have recorded impressive rebounds with the latter getting back above the psychologically crucial zone of $100,000.

Meanwhile, crypto projects in innovative subsectors are reaping big from the positive market sentiment and appetite for revolutionary projects. Dogizen, a new kid on the block in GameFi is set for explosive success asit leverages on Telegram’s wide reach and the expected pro-crypto environment. 

With less than a week left before it hits the open market, DOGIZ tokens are on high demand. Crypto enthusiasts acknowledge that its current price may be the lowest the project ever reaches on its path to explosive growth.   

Ripple price impressive rebound as investors buy the dip

Earlier on Monday, Ripple price extended its losses from the previous session; plunging below the ascending trendline connecting several of its lows since mid November 2024. It has dropped to a two-month low at $1.7610 before reversing some of those losses to trade at $2.6902 as at the time of writing.

Similar to most other cryptocurrencies, ripple price was reacting to President Trump’s decision to impose 25% tarriffs on imports from its key trading partners; Canada and Mexico. He has also signed an order imposing a 10% duty on goods from China as from 4th February.   

Following the rebound, the altcoin has gone back to trading above the medium-term 50-day EMA even as it remains below the short-term 20-day EMA. At its current level, it will likely find support along the 50-day EMA at $2.6255 as the bulls gather enough momentum to break the resistance along the 20-day EMA at $2.9000. Notably, this thesis will hold for a long as ripple price remains above the crucial zone of $2.5000. 

Dogizen enters the home stretch as a broad playing field awaits 

Dogizen is on its home stretch with the presale slated to end on Friday, 7th February. In a span of 4 months, the project has already raised $3.86 million.

With this trend, it will likely surpass its target as more savvy investors rush to amass some Dogiz tokens in time. With its apt timing and immense growth potential, its current price of $0.000085 may be the lowest it will ever get to. 

As a small-cap cryptocurrency, it has a wider room for growth and is set to secure its early adopters hefty profits upon hitting the open market. 

Besides, its listing comes at a time when cryptocurrencies are expected to benefit from President Trump’s policies. In fact, less than a week after his inauguration, he ordered for the establishment of a task force mandated to propose regulations on digital assets and consider the creation of the country’s crypto stockpile. 

In addition to the pro-crypto environment, Dogizen is also set to benefit from its positioning in the Telegram gaming sunsector. To start with, Telegram has over 950 million monthly active users. Couple this with the anticipated crypto bull run in 2025 and expected explosion of the GameFi sector and Dogizen is bound to reach new heights. 

What’s more, the project has insured itself against the wave of dumps that has impacted its rivals in the past. Unlike tokens like Catizen and Hamster Kombat, Dogizen embraced a well-organized presale as opposed to airdrops. This strategy has beared the desired fruits with its holders comprising of long-term loyal investors. Learn more abouut how to buy Dogizen here.

Ethereum price nears oversold territory as crypto majors crumble

Earlier on Monday’s session, Ethereum price plunged to a 6-month low as the markets reacted to Trump’s decision on tariffs. It has since rebounded to $2,732.53 as at the time of writing. 

A look at its daily chart shows the altcoin approaching the oversold territory at an RSI of 32. Besides, the indicator is facing downwards, pointing to the continuation of the current selling pressure.

At its current level, it is hovering around the previously steady support zone of $2,750. Further rebounding will have the bulls eyeing the next target at $2,926.18. On the flip side, further elling pressure may have Ethereum price retest the support level at $2,581.58.