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A groundbreaking development has taken place in the world of cryptocurrency as a Dogecoin ETF (Exchange-Traded Product) is set to be listed on the Zurich-based SIX Swiss Exchange under the ticker “DOGE” later this month. This milestone marks an important step forward for the popular meme coin, which remains the eighth largest cryptocurrency by market capitalization.
The news comes after a recent surge in Dogecoin’s price, with many speculating that an ETF listing could have a significant impact on its value. The original meme coin has gained widespread popularity since its inception in 2013 and has seen a remarkable rise in adoption.
Notably, this is the first ETP endorsed by the Dogecoin Foundation, the non-profit organization behind the cryptocurrency’s development. The foundation plays a crucial role in promoting the project and fostering a supportive community for users and developers alike.
It’s worth noting that there are multiple pending ETF filings in the United States, including from prominent issuers such as Bitwise. A similar approval would not only be significant but also a major boost to the crypto industry as a whole.
As Dogecoin continues to make waves in the cryptocurrency market, this development is likely to generate increased attention and excitement within the community.
Source: https://u.today/dogecoin-etp-to-be-listed-six-swiss-exchange
