In accordance with a current social media put up by ETF analyst Eric Balchunas, cryptocurrency asset supervisor Grayscale is on monitor to launch the very first Dogecoin ETF as early as Nov. 24.
The date can be formally confirmed as quickly as there may be an official itemizing discover.
Grayscale filed a Type S-1 with the SEC to register shares of the Grayscale Dogecoin Belief in August.
This is able to be the primary memecoin ETF to be permitted within the US.
In accordance with knowledge offered by CoinGecko, DOGE at the moment has a market cap of $24.2 billion, which makes it the tenth largest cryptocurrency by market capitalization.
Different current altcoin launches
As reported by U.At this time, Canary Capital not too long ago launched the very first spot XRP ETF.
Within the meantime, world funding administration agency VanEck has debuted its Solana ETF within the US with zero charges.
