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This summary text is fully AI-generated and may therefore contain errors or be incomplete.
Asset manager 21Shares has applied for a Dogecoin exchange-traded fund (ETF) in the U.S., backed by the House of Doge. The move highlights growing institutional interest in the meme cryptocurrency as it seeks mainstream financial adoption.
- 21Shares filed for a Dogecoin ETF with the SEC, backed by the House of Doge, to boost institutional adoption.
- House of Doge established a 10M DOGE reserve ($1.5M) for global liquidity and partnered with Indy 500 for marketing.
- Dogecoin's price rose 3.7% to $0.15, but remains below its 3-year high of $0.475 in November 2023.
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