The first traded exchange fund in the United States (ETF) was appointed in the United States for the first time on Thursday, which represents the latest step in expanding organized encryption products after the start of Bitcoin and successful ether.
In a post on social media on Tuesday, Bloomberg analyst ETF Eric Balunas He said Rex-ASPrey Doge ETF (doje) was set for the first time on Thursday.
“This is certainly the first ETF for us ever carrying something that has no benefit or purpose,” said Balunas.
I glimpse the Shaunas in A possible launch last week According to the 1940 Investment Company Law – a framework different from the Securities Law of 1933, which usually governs donor funds that carry good goods or derivatives.
Dogecoin (DodgeGroup before approval, climb approximately 13 % during the past week, according to L. Coinmarketcap.
Dogecoin is the first real real mechanical, and is circulated for more than a decade, as it builds a large society of investors and an inspiration for countless imitators who reflect different aspects of the culture of encryption. Today, it includes the market value of $ 36 billion.
Its inclusion in ETF highlights the increasing recognition that even the mechanics can attract institutional interest – albeit largely for speculation purposes.
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Many investment funds circulated in the pipeline
The approval of the Securities and Stock Exchange is on the Rex-SPREY DOGE ETF, where the organizers weigh dozens of other products traded on the exchange that focuses on encryption, which extends from the assets from Dogecoin to Solana (TellerXRP (Xrp). Bloomberg analyst ETF James Sevart noted this month 92 such proposals are currently in the pipeline.
The first wave of investment funds in Crypto focused on Bitcoin (BTC) And the fragrance (Eth). The launch of the Spot Bitcoin Etfs in early 2024 was particularly noticeable, with withdrawing tens of billions of dollars in flows and a classification between the most successful ETF publishing operations. After a slow start, Request for ether funds It also increased significantly this year.
The expected wave of investment funds traded at Crypto New The The The The The SEC in the approach of the Supreme Education Council for digital assets during the era of US President Donald Trump. Besides the reference support for Distinguished symbol is a financial innovationAnd the agency also clarified this Some liquid liquid activities It is outside the scope of securities laws.
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