Dogecoin ETF Approval Looms: Could Trigger Major Price Rally – But Is It Safe?

A top market analyst predicts a landmark move this week: the launch of a Dogecoin (DOGE) exchange-traded fund (ETF). This would provide U.S. investors with a direct way to invest in DOGE through stock markets without holding the actual cryptocurrency. The Rex-Osprey DOGE ETF is poised for launch, but a key concern remains: whether this will be handled under the 40 Act shortcut or not. The 40 Act is a law that can expedite approvals, but it has been used mostly for established crypto ETFs. It raises questions about what it means for Dogecoin to be treated as a serious investment when its purpose has always been as a meme coin.