TLDR Crypto · MARKETS & BUSINESS

DOGECOIN ETF REGISTERED AS ELON MUSK'S D.O.G.E GAINS TRACTION

coindesk.com2 min read

Summary from the TLDR Crypto newsletter

Bitwise has initiated the registration process for a Dogecoin ETF in Delaware, joining Rex Shares and Osprey Funds in pursuing memecoin-focused investment products amid growing institutional interest. The development comes as Dogecoin's market cap reaches $52 billion, having tripled over the past year, partially due to its unofficial association with Elon Musk's newly-formed Department of Government Efficiency (DOGE).