Dogecoin ETF Launched Amid Musk Hype

Bitwise Registers Dogecoin ETF Amid Rising Memecoin Interest

• Bitwise has filed for a Dogecoin exchange-traded fund (ETF) in Delaware.
• The filing was confirmed by Bitwise and follows similar filings by Rex Shares and Osprey Funds.
• Dogecoin’s market capitalization stands at $52 billion, making it the largest memecoin globally.
• The Department of Government Efficiency (D.O.G.E), led by Elon Musk, is linked to increased interest in Dogecoin.

Bitwise’s registration for a Dogecoin ETF was confirmed, coinciding with the memecoin’s market cap reaching $52 billion. This comes amid growing interest due to the D.O.G.E agency led by Elon Musk.