The launch of the ETF of $DOGE is delayed again by the SEC
The news of the launch of the first U.S. ETF linked to Dogecoin ($DOGE) generated great expectations. However, we will have to wait another week to see its arrival in the market, as planned by Rex Shares and Osprey Funds.
The goal of this ETF is to allow institutional and retail investors to access the memecoin without needing to acquire the assets directly, all within a framework regulated by the SEC.
While the SEC continues to delay other cryptocurrency ETFs (such as products linked to Ethereum with staking capability, as well as XRP and Solana funds), the price of $DOGE recorded a 9% increase in 24 hours, reaching $0.2720.