📍The first Dogecoin ETF in the US is about to launch
📌 REX–Osprey is preparing to launch a DOGE ETF, paving the way for memecoins to officially step into Wall Street. This fund operates under the '40-Act ETF structure, avoiding the lengthy approval process like the previous spot BTC or ETH ETFs.
📌 At least 80% of the assets will be directly invested in #Dogecoin, while the remaining portion may include futures, swaps… with a subsidiary mechanism in Cayman to optimize taxes. Bloomberg reports that this product could launch as soon as next week.
Will the "ETF effect" drive the price of $DOGE for the remainder of the bull run?
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