Bloomberg Analyst Considers Potential for Dogecoin ETF
The U.S. Securities and Exchange Commission (SEC) may soon receive applications for an exchange-traded fund (ETF) based on the price of the meme cryptocurrency Dogecoin. This perspective was shared by Bloomberg analyst Eric Balchunas in a comment to The Block. “Today’s satire is tomorrow’s ETF. […] Ask yourself, is a DOGE[-ETF] too ambitious? We’ll see. […]