🚨 Historic Moment for Memecoins! 🐶💥
This Thursday (11) the Rex-Osprey Doge ETF ($DOGE ) debuts in the USA — the first-ever ETF backed by a memecoin with no promised utility, just price + culture. 🔥
🧠 Eric Balchunas, Bloomberg:
> “Almost certain this is the first U.S. ETF to hold an asset with no purpose utility.”
💡 But it’s not all a joke:
🛡️ Proof of Work (PoW) → DOGE’s security model = same as Bitcoin
📜 Investment Company Act of 1940 → more investor protection, strong regulation
📈 ETF structure = closer to stocks & bonds than commodities
📊 $DOGE Price
• $0.24 (-0.4% today)
• +11.7% last 7 days 🚀
⚡ The Memecoin ETF Revolution has begun.