#数字货币市场回升 Tomorrow, the Spot ETF for DOGE and Ripple will be listed on the NYSE. Do you think DOGE can reach 1 dollar and XRP can go up to 10 dollars?

First, let me share some key information:
The codes are GDOG and GXRP, with a management fee of 0.35%. The trading venue is the Arca segment of the New York Stock Exchange. Here’s the key point — this is the first time in the United States that two shitcoins have been approved for Spot ETF simultaneously.

The market reaction has exploded.
DOGE is now at $0.143, up 4.45% in a day; XRP is even stronger, jumping directly from $1.85 to nearly the $2 mark. The open interest in derivatives is also soaring, and it's expected to be a wild opening tomorrow.

Why is this matter worth paying attention to?
First, traditional financial institutions have unprecedentedly opened the door for meme coins.
Second, retail investors can enter the market through ETFs without having to buy coins themselves.
Third, after BTC and ETH, the crypto market has obtained another mainstream recognized ticket to entry.

Looking back at previous cases: Bitwise's Solana ETF attracted $417 million in its first week. At this rate, DOGE and XRP are likely to replicate this wave of enthusiasm. There's also news that Chainlink's ETF is on the way.

A few words of truth:
Institutional entry is usually accompanied by short-term violent fluctuations, a surge in liquidity, and price revaluation. The simultaneous launch of dual-currency ETFs indicates that the boundaries between cryptocurrency and traditional finance are becoming blurred. The channel for institutional funds has been thoroughly opened.

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