The first-ever Dogecoin Exchange Traded Product (ETP) has been officially launched, sparking excitement for a possible DOGE price rally. Combined with several other bullish factors which have fueled the recent surge in the DOGE price, this new ETP positions the top meme coin for a potential 100% increase to new highs.

Valour Launches First Dogecoin ETP

Valour Inc., a DeFi technology subsidiary, introduced a Dogecoin ETP on Sweden’s Spotlight Stock Market. This development marks the world’s first Dogecoin ETP available in Northern Europe, specifically in the Nordic countries.

According to a Press Release published by Valour, the new Dogecoin ETP will effectively expand the DeFi company’s product offerings and audience reach. Currently, Valour provides access to various regulated digital asset ETPs, including Bitcoin, Ethereum, and many of the top cryptocurrencies. 

The company has approximately 40 ETPs on exchanges and $609 million in total Assets Under Management (AUM). With the new Dogecoin ETP, Valour can expand services to new markets and investors, and DOGE is poised to see even greater adoption.

Valour has revealed that the recently launched Dogecoin ETP will grant investors smoother access to the popular meme coin, exposing them to its market performance without the risk or intricacies of direct

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Author: Scott Matherson