Asset Director 21 Shares A partnership with House of Doga, the corporate arm of the Dogecoin Foundation, was held to launch Dogecoin ETP in Europe. The asset manager only presented the introduction of Doge ETF to the United States, becoming the third company to do so.
21 Partners with House of Doge to launch Dogecoin etp
in press release21 Shares announced that it had formed an exclusive partnership with Doug House To create the only Dogeco Etp Etp approved by Dogecoin Foundation. The Asset Director revealed that ETP will be listed on the Swiss Stock Exchange under the “DOGE” index.
The company stated that this cooperation represents a major milestone in bringing in the institutional class to Doug, one of the “most reliable and recognized coins” most of the community. 21 Shares Also note that Dogecoin ETP is 100 % backed and provides a “transparent and smooth” method for investors to gain exposure to Wave through traditional financial channels.
Meanwhile, after announcing the launch of the DOGE ETP, 21 Shares also presented the S-1 model for Dogecoin Etf spot With the American Securities and Stock Exchange Committee (SEC). The Asset Manager has become the third company to be provided to present the DOGE ETF, after gray and bits.
Like Doge ETP, ETF DOGE will hold and provide institutional investors with the first Meme. Shares 21 will still need to submit 19B-4 to DOGECOIN ETF with the United States to start the process officially, as the committee must approve or reject the request.
21 Shares held a partnership again with House of Doge for this Doge ETF proposed. The latter will help marketing the fund, while Coinbase will be the fund of the fund.
Doug’s rebound balls with the broader encryption market
DOGE price recovered with the broader encryption market, exceeding $ 0.15 resistance. This apostasy happened after Donald Trump announced a 90 days have stopped on mutual definitions. The launch of the 21shares Dogecoin Etp provides and undoubtedly provides an upward Mimi’s upward look.
From a technical perspective, encryption analyst Kevin Capital revealed that Doge Price has a bullish difference in the daily time frame, which may raise this bullish reflection of Mimi’s currency.
Encryption Trader taridigrade A bullish reflection of the Dukwin price is also expected. In the X Publication, it was revealed that the Meme coin has undergone Wyckoff accumulation, indicating that the upward trend can soon start in Doug. His accompanying scheme showed that the MG currency can regain the level of the $ 0.2 psychological price in this process.
At the time of this report, the DOGE price is traded at about $ 0.15, an increase of more than 9 % in the past 24 hours, according to Data From Coinmarketcap.
Distinctive image from Adobe Stock, Chart from TradingView.com
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