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Are meme coins a legitimate investment now? Well, Wall Street seems to think so. Last week, REX Financial and Osprey Funds launched the first Dogecoin exchange-traded fund (ETF).
Basically, an ETF is a bundle of assets, which can include stocks, bonds, commodities, and now memecoins, that trades on the stock market as a single stock. A classic example are S&P 500 ETFs, funds that own shares of every company on the major Wall Street index
In the case of the REX-Osprey Doge ETF, the fund uses…
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Are meme coins a legitimate investment now? Well, Wall Street seems to think so. Last week, REX Financial and Osprey Funds launched the first Dogecoin exchange-traded fund (ETF).
Basically, an ETF is a bundle of assets, which can include stocks, bonds, commodities, and now memecoins, that trades on the stock market as a single stock. A classic example are S&P 500 ETFs, funds that own shares of every company on the major Wall Street index
In the case of the REX-Osprey Doge ETF, the fund uses…
We strive to uphold the highest ethical standards in all of our reporting and coverage. We StartupNews.fyi want to be transparent with our readers about any potential conflicts of interest that may arise in our work. It’s possible that some of the investors we feature may have connections to other businesses, including competitors or companies we write about. However, we want to assure our readers that this will not have any impact on the integrity or impartiality of our reporting. We are committed to delivering accurate, unbiased news and information to our audience, and we will continue to uphold our ethics and principles in all of our work. Thank you for your trust and support.
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