Bloomberg ETF analyst Eric Balchunas has stated that the era of Meme Coin ETFs is about to begin. The REX-Osprey Dogecoin ETF (ticker: DOJE) is scheduled for listing this Thursday, marking a major milestone in the rise of meme-inspired cryptocurrencies.
📊 Key Details:
- The Dogecoin ETF will trade under the ticker DOJE.
- It follows the Investment Company Act of 1940, similar to the $SSK structure.
- A number of holders under the 1933 Act are still awaiting SEC approval.
This development highlights how meme coins, once seen as speculative jokes, are now entering the mainstream financial sector through regulated ETF products. Analysts believe this could further increase adoption and liquidity for Dogecoin, while paving the way for future Meme Coin ETFs.