Wednesday is a Big Day for Dogecoin (DOGE) – A First Will Happen

Dogecoin is moving one step closer to Wall ￰0￱ first-ever memecoin-focused exchange-traded fund (ETF) is set to ￰1￱ Dogecoin ETF (DOJE), developed by the REX Shares-Osprey partnership, may begin trading this week after weeks of ￰2￱ fund was expected to launch last week alongside Bonk (BONK), XRP, Bitcoin, and even Trump-themed ETFs. However, DOJE's launch didn't ￰3￱ ETF analysts Eric Balchunas and James Seyffart pointed to Wednesday as a possible launch date but emphasized that there were no guarantees. “It seems more likely,” Seyffart said. “That's our base case scenario.” If approved, DOJE would be the first ETF built on a memecoin in the ￰4￱ memecoins like Dogecoin, Shiba Inu (SHIB), and Bonk generally don't offer economic benefits, they are gaining popularity through internet culture, celebrity endorsements, and speculative ￰5￱ News: BREAKING: First XRP ETF to List on Exchange This Week - But Pay Attention to These Details Balchunas commented on this development in a post from his X account, saying, “For the first time in the US, an ETF containing an asset with no real use is coming.” DOJE will not be a spot ￰6￱ of holding DOGE directly, it will offer investors indirect exposure through futures and derivatives through a subsidiary based in the Cayman ￰7￱ structure will eliminate the need for physical storage of the coin and give investors access to DOGE performance through traditional brokerage accounts. *This is not investment ￰8￱ Reading: Wednesday is a Big Day for Dogecoin (DOGE) – A First Will Happen