Doge coin ETF Looks Set to Go Live in the U.S. on Thursday

“Doge coin started as a joke, and now Wall Street finally gets it. The ETF approval proves that institutional investors recognize the real value in community, culture, and accessibility," one proponent said.

is set to enter the ETF market with the launch of the Rex-Osprey DOGE ETF, marking the first U.S. ETF centered on a purely speculative token.$ETH

The ETF, distributed by Foreside Fund Services and backed by REX Shares and Osprey Funds, is expected to increase volatility as DOGE has already risen 17% in anticipation.

The approval of the DOGE ETF signifies institutional recognition of the value in community and culture, potentially leading to increased liquidity and stability for $ETH .