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"Dogecoin (DOGE) Spot ETF, Possible Launch in Trump Administration"

Source
JH Kim

Summary

  • "Nate Geraci, CEO of ETF Store, mentioned the possibility of launching a Dogecoin (DOGE) spot ETF, expressing an optimistic outlook."
  • "He emphasized the opportunity following policy changes, stating that the new administration will establish clear standards for determining the legitimacy of virtual assets."
  • "He expressed anticipation, stating that if the system is established, the possibility of approval for a virtual asset spot ETF will increase."

Nate Geraci, CEO of the U.S. ETF specialist company ETF Store, stated in an interview with The Block on the 29th (local time) that "under the new Trump administration, everything is possible," and that "the launch of a Dogecoin (DOGE) spot market index fund (ETF) might be possible." He added, "The hopeful point is that the new administration will move quickly to establish clear standards for determining the legitimacy of virtual assets (securities)," and "if the system is established, the path to approval for a virtual asset spot ETF will become much clearer."

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JH Kim

reporter1@bloomingbit.ioHi, I'm a Bloomingbit reporter, bringing you the latest cryptocurrency news.
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