Investor Sentiment Pushes Crypto Market Cap Beyond $4 Trillion

First U.S. Dogecoin ETF Launch Sparks Debate: Breakthrough for Memecoins or Just Institutionalized Speculation?”

The U.S. is preparing for a landmark crypto development as the first Dogecoin ETF (DOJE) makes its debut on Thursday. While some hail it as a major step forward for crypto adoption, others argue it marks nothing more than the institutionalization of speculation.

Unlike recently approved Bitcoin ETFs filed under the Securities Act of 1933, the Rex-Osprey Dogecoin ETF received approval under the Investment Company Act of 1940. This distinction matters: the 1940 framework is typically used for mutual funds and diversified ETFs, not single-asset crypto products.