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First U.S. Dogecoin ETF to debut Sept. 18, could spark 30% DOGE rally
The crypto community is expecting the first U.S. exchange-traded fund (ETF) linked to a meme coin to debut on Sep. 18. While the Rex Shares-Osprey Dogecoin ETF (DOJE) could indeed mark a breakthrough for the pioneering meme coin, its apparent lack of utility has triggered questions. "Pretty sure this is first-ever US ETF to hold something that has no utility on purpose," Bloomberg analyst Eric Balchunas earlier remarked. Balchunas clarified he wasn't judging DOGE but people should own the fact that meme coins are for "fun and speculation." However, there is more to the Dogecoin ETF than its lack of utility. Ray ... (full story)
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