# Crypto ETF Explosion: REX-Osprey Just Bypassed SEC Gatekeeping Here's what nobody's talking about: **REX and Osprey are about to drop 5 crypto ETFs this Friday** — Bitcoin, XRP, Doge, Bonk, and Trump token — and they basically just slipped past the SEC's approval roadblock. # # The Loophole That Changed Everything These aren't your typical spot ETFs. They're structured under the **1940 Investment Company Act**, which has a completely different approval timeline than the 1933 Act framework used for spot Bitcoin ETFs. Here's the key difference: **1940 Act approach**: Open-end investment companies holding derivatives + futures. If SEC doesn't object within 75 days → **auto-approval**. REX-Osprey filed, hit the deadline, radio silence from regulators = green light. **1933 Act approach**: Physically backed products (actual coins). Way more scrutiny, takes forever. The Dogecoin ETF is a perfect example — instead of holding actual DOGE, it uses a Cayman Islands subsidiary + derivatives exposure. Same price exposure, totally different legal structure. # # The Real Plot Twist While REX-Osprey casually walks through the door, the SEC is **stalling** literally everyone else: - Franklin Templeton, BlackRock, Fidelity's staking Ether ETFs → **delayed** - XRP and Solana spot ETFs → **delayed** - Bitwise Doge and Grayscale Hedera → new deadline **Nov. 12** Why the delays? The SEC just said proof-of-stake networks don't equal securities (wild reversal), so now they're scrambling to re-evaluate everything. Classic SEC move: move the goalposts mid-game. # # What This Means If Friday drops as planned, **REX-Osprey becomes the first wave of multi-asset crypto ETFs on the 1940 Act structure** — retail gets direct access to Doge, Bonk, Trump token through traditional brokerage accounts. No more "only institutions can access this." This also exposes how fragmented the regulatory framework is: same assets, different approval paths, different timelines. Expect other issuers to copy the 1940 Act playbook now.

#加密市场回调 thought I had copied to the end, but I only copied halfway up the mountain. Now there's another opportunity, but I'm out of bullets. $SOL and Mainstream Token are still tempting me, but my Wallet balance won't allow it...