Dogecoin’s first ETF would be released next week

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By TP

«It seems that [la empresa] Rex is going to launch a Dogecoin ETF (…) next week, ”said Eric Balchunas, a specialist in Bloomberg Intelligence investment funds. Its conclusion is based on an X publication made by the Rex-OSPREY Financial Company in which it is said that «the Dogecoin ETF Rex-Osprey, Doje, will arrive soon.» There it is detailed: «Doje will be the first ETF that will offer investors exposure to the performance of the iconic memecoin, Dogecoin». Rex-OSPREY presented a prospect before the United States Stock Exchange and Securities Commission (SEC) for the aforementioned ETF that would follow the price of Doge futures contracts. The prospect also mentions ETF linked to XRP, Bonk, Trump, as well as Bitcoin (BTC), Ethher (ETH) and Solana (Sol). Anyway, Balchunas clarifies that «Dogecoin seems to be the next one that will come out.» If this Dogecoin ETF were approved and, then the ETFs in cash that the SEC must review, It could be a great bullish driver for Doge’s price. Jesús Herrera, an analyst at cryptootics, ensures that the combination of ETF and Dogecoin treasury companies could lead to the price of memecoin at levels never seen before.

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