Dogecoin ETF Surprises Wall Street

🟡The first U.S. exchange-traded fund (ETF) tied to Dogecoin (ticker: DOJE) debuted with $17 million in trading volume on its opening day — far exceeding analyst expectations. Launched on the Cboe BZX Exchange using a derivatives-based structure via a Cayman Islands subsidiary, DOJE immediately ranked among the year’s strongest ETF launches.

🟡The success underscores that interest in memecoins is moving beyond online hype and finding legitimacy on regulated markets. While DOGE’s price has pulled back to $0.27, analysts highlight increased accumulation among short-term holders — a signal that could support a fresh bullish move.