President-elect Donald Trump has declared himself a leader in cryptocurrencies, hoping to make America"bitcoin the capital of the world
"
#Dogecoin is the 6th largest #cryptocurrency in the world with a market value of about $6,600 billion.
The historic success of the Bitcoin and Efirium ETFs in 2024 was arguably the biggest story in the cryptocurrency and traditional financial markets this year. Could this year's success lead to Dogecoin-listed funds in 2025 if the White House is favorable to cryptocurrencies?
Under the new administration, I think it'll be fine,
I think it's a good idea, Nate Geraci, president of the ETF store, told The Block.
President-elect Donald Trump has declared himself a leader in cryptocurrencies, hoping to make America
Bitcoin is the capital of the world. He created the popular Department of Government Efficiency (DOGE), headed by Ilon Musk, a fan of the famous Dogecoin.
We hope that the new administration will quickly determine which cryptoassets are securities and which are not,
Geraci said.
Once this structure is in place, the path to approval for additional cryptocurrency ETFs will become much easier. Fund managers are working quickly to bring new ETFs to market. Last week, Cboe BZX filed 4 applications for #Solana spot funds, and some experts believe that Solana ETFs will be on the market by the end of 2025.
We believe that Solana ETFs will be available in the first half of 2025, said Louis Sykes, a cryptocurrency decryption specialist at All-Star Charts. #DOGE [could be much smaller] ... Let's say Wall Street favors assets that haven't become memes
POSSIBLY, DOGE was originally a joke, but over time it has become the 6th largest cryptocurrency. As of this writing, according to DOGE blockchain data, dogecoin is trading at around 0.40 with a market value of $590 billion.
today's satire is tomorrow's satire,
And we'll tell you what we see.
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