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Dogecoin ETF Application by 21Shares

Dogecoin Foundation’s House of DOGE Plans New Fund Launch

  • The Dogecoin Foundation aims to enhance Dogecoin’s role in mainstream finance.

  • House of DOGE plans to market a fund, pending its launch.

  • A reserve of 10 million DOGE, valued over $1.5 million, has been established.

  • Dogecoin was recently trading at $0.15, up 3.7% in the past 24 hours.

  • The token is down from a three-year high of $0.475 last November.

The Dogecoin Foundation’s corporate arm, House of DOGE, is preparing to market a new fund aimed at reinforcing the token’s mainstream financial role. They have set aside a reserve of 10 million DOGE, worth over $1.5 million, as liquidity for global transactions.

Source (2.6)https://decrypt.co/314365/21shares-applies-dogecoin-etf-backed-by-house-of-doge?rand=52368
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