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Asset management company REX Shares has filed an application with the U.S. Securities and Exchange Commission (SEC) to launch the country’s first Dogecoin (DOGE) exchange-traded fund (ETF), with approval expected as early as next week.

Elon Musk’s lawyer, Alex Spiro, serves as chairman of a newly listed company that plans to raise $200 million specifically for Dogecoin investment. Institutions, including 21Shares and Bitwise, are also vying to develop similar products, accelerating Dogecoin’s entry into mainstream financial markets.

Once the Dogecoin ETF is approved, it will become another important breakthrough for crypto assets in the financial market after Bitcoin and Ethereum ETFs.

Amid the current capital boom, GoldenMining’s cloud mining

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