Bitwise Launches First-Ever DOGE ETF on NYSE
Bitwise has launched the first-ever Dogecoin exchange-traded fund on the New York Stock Exchange, an unanticipated debut that grants investors direct, regulated exposure to DOGE. The rollout arrived with little public lead time and was quickly noted across trading desks and social channels, a win for retail supporters who have long pushed for mainstream products tied to the memecoin.
The ETF could make it easier for institutions and everyday traders to gain DOGE exposure through familiar brokerage platforms, potentially attracting fresh liquidity and affecting price dynamics. Still, analysts caution that memecoin volatility, speculative flows and regulatory shifts remain key risks; market participants will be watching the product’s fee structure, custody arrangements and tracking performance as adoption progresses.