Memecoins Are Coming to the Stock Market

Though REX and Osprey did not launch the dogecoin ETF under the new ruleset, instead taking an alternative route involving separate legal provisions to ensure it won the race to market, analysts expect the SEC’s new listing standards to tee up a proliferation of crypto ETFs in the US. Under the ruleset, any crypto coin already listed on a market—like Coinbase Derivatives—that participates in the Intermarket Surveillance Group, a network of organizations that monitors for fraudulent activity, would…