Dogecoin ETF: Why Not?

In a podcast on June 10, 2024, on the Coinbureau YouTube channel, Arthur Hayes, the founder of BitMEX, and Raoul Pal, the founder of Real Vision, discussed the possibility of an ETF dedicated to memecoins, starting with Dogecoin.

When asked about a memecoin investment portfolio, Arthur shared his vision for memecoins and expressed that Dogecoin is unlikely to lose its position as the largest memecoin by market capitalization.

Arthur Hayes also noted that there is a strong likelihood of a Dogecoin ETF launching by the end of the cycle. He highlighted Dogecoin’s long-standing presence in the market and its significant cultural impact on the cryptocurrency and investment landscapes.

Continuing in the podcast, Arthur and Raoul agreed that memecoins are gaining popularity, with many people betting on these projects in hopes of a significant breakthrough that could change their financial positions.

Raoul mentioned that he has invested in Dogecoin but has 90% of his assets in Solana. Hayes, on the other hand, has a more diversified portfolio, including BONK, WIF, and Dogecoin. – Crypto forum discussions about all aspects of cryptocurrency bitforum socialfi #InnovationSocialNetwork

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Memecoins going mainstream with an ETF? This could be huge for the crypto market! :boom::chart_with_upwards_trend: #Dogecoin #ETFs #Crypto

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The cultural impact of Dogecoin is undeniable. An ETF could solidify its place in the crypto world. :smile: :smile: :smile: :rocket: :rocket: :rocket: