Recently, the Crypto Assets market has stirred again, with DOGE at the center of this storm. After a period of price decline, DOGE has shown remarkable resilience, and the price has started to strongly rebound. The latest data shows that the trading price of DOGE has approached $0.28, which is an increase of nearly 13% compared to the low of $0.25 earlier this week, and this rise has attracted widespread attention in the market.



This price rebound is closely related to a significant event: the first DOGE ETF in the United States has officially begun trading. The REX Shares - Osprey Dogecoin ETF (ticker: DOJE) successfully listed this Thursday, marking DOGE as the first meme coin to have a regulated ETF, paving the way for its entry into the mainstream financial market. The issuer of this ETF cleverly utilized the relevant provisions of the Investment Company Act of 1940, effectively shortening the approval process and bypassing the cumbersome review procedures under the Securities Act, thus quickly entering the market.

The first day of trading for the DOGE ETF performed remarkably, driving a significant rise in the price of DOGE. Many market analysts believe that this event could become an important turning point in the development of DOGE. The proactive efforts of relevant U.S. departments in this matter are seen as strong support for the DOGE ecosystem, which may not only attract more institutional investors' follow but also enhance DOGE's status and recognition in traditional financial markets.

With the successful listing of the ETF, DOGE seems to be gradually transforming from a symbol of internet pop culture into a more mature investment tool. However, investors still need to be cautious and closely monitor market dynamics, as the volatility of the Crypto Assets market remains high. In any case, the launch of this ETF undoubtedly opens up new development space for DOGE, and its future direction is worth continuing to follow.
DOGE-2.62%
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NFTArchaeologistvip
· 09-19 17:51
This shitcoin can really stir things up.
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SerNgmivip
· 09-19 17:49
Shitcoin charge charge charge, it's ignited!
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consensus_failurevip
· 09-19 17:42
DOGE To da moon I believe in love again
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GasFeeNightmarevip
· 09-19 17:38
Retail investors are about to bleed heavily again.
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