{"f23698a21d69905b727bca40fc5191ee":"Dogecoin is moving one step closer to Wall Street. The first-ever memecoin-focused exchange-traded fund (ETF) is set to launch.","1f7ba5c89f44c3ecd9318eb30ee06475":"The Dogecoin ETF (DOJE), developed by the REX Shares-Osprey partnership, may begin trading this week after weeks of delays.","d49e92944d6f78d1e68db695e3ae2cc7":"The fund was expected to launch last week alongside Bonk (BONK), XRP, Bitcoin, and even Trump-themed ETFs. However, DOJE's launch didn't materialize. Bloomberg ETF analysts Eric Balchunas and James Seyffart pointed to Wednesday as a possible launch date but emphasized that there were no guarantees. \u201cIt seems more likely,\u201d Seyffart said. \u201cThat's our base case scenario.\u201d","9116f8fcac3906b8fdd6f5c60209dd71":"If approved, DOJE would be the first ETF built on a memecoin in the U.S. While 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 trading.","26f0999cdcbf0e99f323cd5c6056df15":"Related News: BREAKING: First XRP ETF to List on Exchange This Week - But Pay Attention to These Details ","b546b25332e693a7f18a4208456e88a6":"Balchunas commented on this development in a post from his X account, saying, \u201cFor the first time in the US, an ETF containing an asset with no real use is coming.\u201d","a853e3d705e1ee0f3e86d6d156dadecf":"DOJE will not be a spot ETF. Instead of holding DOGE directly, it will offer investors indirect exposure through futures and derivatives through a subsidiary based in the Cayman Islands. This structure will eliminate the need for physical storage of the coin and give investors access to DOGE performance through traditional brokerage accounts.","b4459a590d75eecd66fd4fccc7fd6bdd":"*This is not investment advice.","514c9fc8809e669acbf25568b1619495":" Continue Reading: Wednesday is a Big Day for Dogecoin (DOGE) \u2013 A First Will Happen"}