Will crypto’s largest meme coin eventually make its own mark on Wall Street?

Following the approval of spot Bitcoin and Ethereum ETFs this year, asset managers have already filed applications for other products enabling investors to gain exposure to digital assets through a traditional brokerage account.

And it should be expected that firms will keep pushing the envelope further, according to Bloomberg ETF analyst Eric Balchunas. Even Dogecoin could get its own spot ETF.

“The ETF industry is famous for throwing spaghetti at the wall,” he told Decrypt. “I imagine we’ll see all kinds of stuff get attempted, including DOGE.”

“I’m actually surprised it hasn’t been filed already,” Balchunas added.

Spot Bitcoin ETFs were approved this year, but the first application was filed with regulators over a decade ago, and the process was Go to Source to See Full Article
Author: André Beganski