Bitwise has registered for an ETF product tracking the world’s largest memecoin as the crypto subsector becomes more prominent within the market.

Musk has moved with lightning speed to try to remake the federal government. Many Democrats and even some Republicans say his efforts are unlawful.

The Treasury Department was accused of breaking federal law by giving Elon Musk’s team of government efficiency enforcers access to a trove of personal and financial information — setting up a legal showdown over the Trump administration’s signature effort to shrink the government.