The first ETF of a memecoin arrives
On Thursday, September 11, the first exchange-traded fund (ETF) linked to $DOGE , the most popular memecoin among crypto enthusiasts, will be launched in the United States.
The new product, called “Rex-Osprey DOGE”, will be managed by the investment firms REX Shares and Osprey Funds. Its performance will follow the value of DOGE futures contracts and will trade under the ticker $DOJE.
After the announcement, the price of DOGE experienced a slight rebound: it went from US$0.23 to US$0.24, representing an increase of 4%.
Source: iPro UP
