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$ BTC $92,786 -1.85% ETH $3,342 -2.99% BNB $616 -4.61% SOL $232 -2.77% XRP $1.39 -4.03% TON $6.26 +0.98% * English * Advertise * About News Bitcoin Ethereum Altcoins Blockchain Business Policy & Regulations AI NFTs DeFi Adoption Markets Market News Market Analysis Top 10 Cryptocurrencies Calculator Heatmap Rankings Price Indices Memecoins Crypto Exchanges Magazine People Top 100 2023 Top 100 2022 Top 100 2021 Top 100 2020 Opinion Expert Take Interview Learn Research Earn Podcasts Ad Alex O’Donnell 6 hours ago VALOUR LAUNCHES FIRST-EVER DOGE ETP The ETP will trade on Sweden’s Spotlight Stock Market, offering investors' access to the world's largest memecoin. 1347 Total views 1 Total shares Listen to article 2:38 News COINTELEGRAPH IN YOUR SOCIAL FEED Follow ourSubscribe on * * * * * * * * Crypto fund issuer Valour has launched the first exchange-traded product (ETP) for Dogecoin DOGE $0.3895 , the famed memecoin, according to a Nov. 26 announcement from Valour’s parent company, DeFi Technologies. The ETP will trade on Sweden’s Spotlight Stock Market, enabling retail and institutional investors to gain exposure to the world’s largest memecoin by market cap in a regulated fund wrapper, Valour said. The asset manager launched Valour DOGE ETP “[i]n light of the recent [United States] presidential election results and the subsequent surge in demand for Dogecoin […] bolstered by influential figures like Elon Musk,” Johanna Belitz, Valour’s head of Nordics, said in a statement. Source: Dogecoin ADVERTISEMENT SAVE UP TO $1,000 ON SWAPS, BUY CRYPTO WITH 50% OFF FEES, AND SHARE A $5,000 PRIZE POOL—JOIN CHANGELLY BLACK FRIDAY! Ad RELATED: QED, NEXUS AIM TO BRING SMART CONTRACTS TO DOGECOIN The crypto market surged following Donald Trump’s victory in the US presidential election, as many believe his win will benefit the industry, Cointelegraph Research said. Meanwhile, the memecoin market became one of the fastest-growing sectors in the crypto space in 2024. Memecoin platform Pump.fun is one of this year’s runaway success stories, playing a major role in the ascent of the Solana SOL $231.98 blockchain network. Initially launched in 2013 as a satirical commentary on BTC, DOGE now commands a total market capitalization of some $55 billion, according to CoinMarketCap. Dogecoin operates on its own proof-of-work (PoW) blockchain network similar to Bitcoin’s but with less computationally intensive transaction verifications and no upper limit on total Dogecoin supply. Dogecoin does not support smart contracts. It is widely considered the first memecoin but is also used for micropayments and tipping. Source: CoinMarketCap On Nov. 15, plaintiffs withdrew a 2022 class-action lawsuit filed against Elon Musk and Tesla alleging that the businessman manipulated the price of DOGE through media appearances and social media posts. On Nov. 26, the former CEO of Binance, Changpeng “CZ” Zhao, urged the crypto community to shift its focus away from memecoins and into building “real” blockchain applications. Valour’s parent company, DeFi Technologies, manages approximately $600 million in assets across a variety of crypto-native strategies. On July 17, Valour launched an ETP for Near Protocol’s native token, NEAR. It also trades on Sweden’s Spotlight Stock Market Magazine: Make Ethereum feel like Ethereum again: Based rollups explained Explore more articles like this Subscribe to our Crypto Biz newsletter Weekly snapshot of key business trends in blockchain and crypto, from startup buzz to regulatory shifts. Gain valuable insights to navigate the market and spot financial opportunities. Delivered every Thursday Subscribe By subscribing, you agree to our Terms of Services and Privacy Policy * #Bitcoin * #Blockchain * #Dogecoin * #Altcoin * #Business * #Adoption * #Donald Trump * #Elon Musk * #Memecoin * #ETF * #US Elections 2024 Add reaction Read more * VanEck extends fee waiver on Bitcoin ETF * ad Application-specific blockchain oracles can help Web3 projects connect to the world * Morocco central bank to legalize all cryptocurrencies: Report Ad Editor’s Choice * Big victory in Tornado Cash case as judge says OFAC exceeded authority * Yellow Panther on making gaming your full-time job, new AI agent game: Web3 Gamer * Did 8% Bitcoin price drop change bulls' chance of BTC hitting $100K? * Tether’s $5B mint and political entanglements raise suspicion about industry * Digital money lag threatens international security Cointelegraph YouTube Subscribe Ad Ad Ad Advertise with us Ad Take back your safety in Web3 Web3 Antivirus does not endorse any content or product on this button. 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