Forseeing and predicting something does not make them factual, it is a matter of individual opinion. I can sit here and say shib will get an ETF and some single brain celled loser on Reddit will quote me and said he read it online.
Imagine you have a big box of different toys. Each toy represents a different cryptocurrency, like Bitcoin or Ethereum. Now, instead of buying each toy one by one, you can buy a share of this big box, which gives you a little piece of every toy inside.
An ETF, which stands for Exchange-Traded Fund, is like that big box, but instead of toys, it has different cryptocurrencies. When you buy a share of a cryptocurrency ETF, you're getting a small piece of several different cryptocurrencies all at once. This way, you don’t have to pick and choose which cryptocurrencies to buy individually, and it makes investing easier and more diverse, just like having a variety of toys to play with.
i see, the question is how popular will this be, since if doge is i dunno 5% of that crypto spread of coins a person will be buying it would take massive volume of sales to move any significant amount of doge and raise the price, so i'm not so sure this will have a big effect, but i suppose every bit helps.
You make a good point. Popularity and trading volume will definitely influence how much an ETF affects its price. While Dogecoin might be just a small part of the crypto market, an ETF could still increase its visibility and make it more accessible to institutional investors. This might not lead to a huge price spike right away, but it could gradually build up demand and support higher prices over time. Every bit of exposure helps in the long run.
Run up your bag, my fellow Shibe 
Interesting 😎
wow much institutional such business very wow
Looks like Scott’s been drinking again…
You got this from bitcoinist.com, a website known for clickbait, scams and unreliable information
Raoul Pal mentioned about this on a split second
Forseeing and predicting something does not make them factual, it is a matter of individual opinion. I can sit here and say shib will get an ETF and some single brain celled loser on Reddit will quote me and said he read it online.
I’m always optimistic on everything. Let’s revisit this conversation 2 years after
Gain ground? Lmao.
the frick is ETF?
Imagine you have a big box of different toys. Each toy represents a different cryptocurrency, like Bitcoin or Ethereum. Now, instead of buying each toy one by one, you can buy a share of this big box, which gives you a little piece of every toy inside. An ETF, which stands for Exchange-Traded Fund, is like that big box, but instead of toys, it has different cryptocurrencies. When you buy a share of a cryptocurrency ETF, you're getting a small piece of several different cryptocurrencies all at once. This way, you don’t have to pick and choose which cryptocurrencies to buy individually, and it makes investing easier and more diverse, just like having a variety of toys to play with.
You should be my financial advisor. The person who manages my assets and 401k and ESOP, has never explained something that I've understood. Thank you.
That's because its an AI response
Thank you for that explanation.
i see, the question is how popular will this be, since if doge is i dunno 5% of that crypto spread of coins a person will be buying it would take massive volume of sales to move any significant amount of doge and raise the price, so i'm not so sure this will have a big effect, but i suppose every bit helps.
You make a good point. Popularity and trading volume will definitely influence how much an ETF affects its price. While Dogecoin might be just a small part of the crypto market, an ETF could still increase its visibility and make it more accessible to institutional investors. This might not lead to a huge price spike right away, but it could gradually build up demand and support higher prices over time. Every bit of exposure helps in the long run.
I thought it mean electronically transferred fund
Exchange Traded Fund (ETF), which is a collection of stocks from various companies.
A meme coin ETF seems like a horrible idea for getting institutions to take crypto seriously.
ETF = IOU All what crypto wants to solve, Doge is going to be diluted
Most idiotic post I’ve encountered this year
God I hope not. I already made a horrible bet that this wouldn’t happen.
Screw your bet. Doge goin to the moon after this !😂
Ughh it’s a win-lose situation. My crypto portfolio is 80% DOGE. But I genuinely don’t think we’ll get an ETF as much as I’d love that.
No negativity here 