Oh. My. God. 🤯 Just when I thought cryptocurrency couldn’t get any more bonkers, Bitwise decides to throw a Dogecoin ETF into the financial universe like it’s dropping the world’s most ridiculous mic. 💥
Picture this: A serious investment firm filing paperwork for an ETF based on a meme cryptocurrency created as a joke. Because clearly, we’ve all lost our minds. 🤪
James Seyffart from Bloomberg – who sounds like he was born wearing a pinstripe suit – casually mentioned this was totally expected. Well, darling, nothing says “financial revolution” like a digital dog currency, right? 🐾
Meanwhile, DOGE is doing its usual dramatic dance, dropping 3.4% like it’s practicing for a cryptocurrency ballet. How utterly thrilling. 💃
And just to make this circus even more surreal, all this is happening with whispers of Trump potentially returning to the White House. Because of course it is. 🇺🇸
Other asset managers are now jumping on this crypto carnival train, filing ETFs for everything from Solana to – wait for it – memecoins named after political figures. I can’t even. 😂
The SEC’s crypto task force, led by the wonderfully pro-crypto Hester Peirce, will apparently decide whether this financial fever dream becomes reality. Fingers crossed! 🤞
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2025-01-29 00:57