The Crypto Assets investment community has welcomed a day worth remembering. On September 11, the first ETF product tracking memecoins in the United States—Rex Shares-Osprey's DOJE ETF—officially started trading on the Chicago Options Exchange (CBOE). This milestone event not only attracted the attention of global Crypto Assets enthusiasts but also garnered widespread attention from the TradFi circle.



The first-day performance of the DOJE ETF far exceeded market expectations. Renowned ETF analyst Eric Balchunas originally estimated its first-day trading volume to be around $2.5 million, but the actual situation was astonishing. Within just one hour of listing, the trading volume surpassed $6 million. By the close, the total trading volume soared to $15 million, making it one of the most actively traded products on the CBOE that day.

This phenomenon has sparked in-depth reflection among industry experts. Balchunas stated on social media that the strong performance of the Dogecoin ETF far exceeds the most optimistic expectations, highlighting the growing influence of memecoins in the mainstream investment market.

The successful listing of the DOJE ETF marks the gradual integration of Crypto Assets, especially memecoins, into the TradFi system. This not only provides investors with new investment channels but also points to the future development of the Crypto Assets market. However, we should also note that the high volatility of the Crypto Assets market still exists, and investors need to remain cautious when participating.

With the emergence of memecoin ETFs, we may be witnessing an important transformation in the crypto assets investment ecosystem. The performance of this innovative product will continue to be closely followed by the market, and its future trends will provide valuable references for the entire industry.
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MidsommarWalletvip
· 10h ago
You can play, but don't go all in.
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OnchainHolmesvip
· 10h ago
Who dares to say that meme coin is not viable? Just asking you all!
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LiquidationWatchervip
· 10h ago
been there in 2022... watch those leverage ratios fam or get rekt fr fr
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MEVHunterNoLossvip
· 10h ago
TradFi cannot compete with the power of memes.
View OriginalReply0
AllInAlicevip
· 10h ago
Playing with coins has really brought out new tricks!
View OriginalReply0
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