💥 Gate Square Event: #PostToWinPORTALS# 💥
Post original content on Gate Square related to PORTALS, the Alpha Trading Competition, the Airdrop Campaign, or Launchpool, and get a chance to share 1,300 PORTALS rewards!
📅 Event Period: Sept 18, 2025, 18:00 – Sept 25, 2025, 24:00 (UTC+8)
📌 Related Campaigns:
Alpha Trading Competition: Join for a chance to win rewards
👉 https://www.gate.com/announcements/article/47181
Airdrop Campaign: Claim your PORTALS airdrop
👉 https://www.gate.com/announcements/article/47168
Launchpool: Stake GT to earn PORTALS
👉 https://www.gate.com/announcements/articl
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.