The first Dogecoin ETF is set to go live next week, becoming the first memecoin ETF ever to launch. Market experts have shared their opinions on what this could mean for the future of crypto, as well as insights into how the fund would operate.

Meme Coin ETF Era Kicks Off With First Dogecoin ETF

In an X post , Bloomberg analyst Eric Balchunas stated that the meme coin ETF era is about to kick off as REX-Osprey’s Dogecoin ETF (DOJE) is set to launch under the 40 Act. He added that this is likely the first-ever U.S. ETF to hold something that has no utility on purpose. The analyst noted that there are also other DOGE ETF filings under the 33 Act, which are awaiting the SEC’s approval, meaning there are more meme coin ETFs on the horizon.

As the Bloomberg analyst pointed

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