DOGE is going to be listed on ETF? Meme coin hits the mainstream financial circle for the first time!!!
Dogecoin (DOGE) is trying to do something that no meme coin has ever done before - becoming the first meme coin in the United States to have a spot ETF. Nasdaq has submitted an application for the listing of 21Shares DOGE ETF to the SEC. Once approved, Dogecoin will be on the same track as mainstream assets such as SOL and XRP.
This is not only a victory for the Dogecoin community, but also an important step for meme culture to enter the traditional financial system. Although DOGE's recent price performance is weak, with a short-term decline of more than 3%, this kind of positive news hides a potential capital entry.
It is worth noting that the ETF plans to adopt the "physical holding" method, without leverage or derivatives, and the core is to allow institutions to configure with peace of mind. This may also be the key that regulators are willing to consider.
