In a universe where the improbable is merely a Tuesday, the illustrious crypto exchange-traded product (ETP) issuer, 21Shares, has decided to sprinkle a bit of cosmic fairy dust on the financial markets. They’ve announced the creation of a Dogecoin ETP, which will be gallivanting onto the Zurich-based SIX Swiss Exchange under the delightfully whimsical ticker “DOGE” later this month. 🐕💰
Now, before you roll your eyes so hard they might just get stuck, let’s take a moment to appreciate the fact that this is the very first ETP to receive the official nod from the Dogecoin Foundation. Yes, that’s right! The non-profit organization behind the beloved meme coin has finally decided to put on its big-boy pants and endorse something. Who knew that a coin born from a Shiba Inu meme would one day be strutting its stuff on the exchange like it owns the place? 🐶✨
But wait, there’s more! According to the ever-optimistic Polymarket bettors, there’s a 64% chance that a Dogecoin ETF will be approved in the U.S. this year. That’s right, folks! A whole 64%! Which, if you think about it, is almost as reliable as a towel in a galactic hitchhiker’s backpack. 🚀
And if you thought that was the end of the story, think again! There are multiple pending filings from major players like Bitwise, all vying for a piece of the Dogecoin pie. Because who wouldn’t want to invest in a coin that started as a joke and is now the eighth biggest cryptocurrency by market cap? According to CoinGecko, it’s practically a financial Shakespearean comedy! 🎭💸
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2025-04-09 17:19