TechFlow news, on September 9, according to Bloomberg senior ETF analyst Eric Balchunas, the REX-Osprey Dogecoin ETF is scheduled to launch this Thursday.
The product will be issued under the Investment Company Act of 1940 (40 Act), similar to $SSK. There are still a large number of products applying under the Securities Act of 1933 ('33 Act) awaiting approval from the U.S. Securities and Exchange Commission (SEC).
Balchunas said this could be the first ETF in the U.S. intentionally holding assets deemed "without utility."
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