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Dogecoin is making headlines once more because the U.S. Securities and Trade Fee (SEC) has formally acknowledged asset administration agency Grayscale’s filings for spot Dogecoin exchange-traded funds (ETFs). This marks the start of a evaluation course of that might probably deliver these crypto funds to market.
Whereas the main memecoin has cleared its first regulatory hurdle, SEC approval is way from sure. Nevertheless, the information may affect Dogecoin’s value within the brief time period.
As of now, Dogecoin is buying and selling at $0.25, down 4% over the previous week.