Arthur Hayes: “DOGE has a place in the market”...spot ETF is possible
![Arthur Hayes: “DOGE has a place in the market”...spot ETF is possible](/content/images/size/w1200/2024/06/48662.jpg)
Arthur Hayes, co-founder of BitMEX, and Raoul Pal, CEO of financial services firm Real Vision, said in a YouTube broadcast that a spot ETF for Dogecoin (DOGE) could be on the way. “DOGE has the advantage of being uniquely positioned as the original meme coin,”
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Pal said, while Arthur Hayes said, “DOGE has a clear market presence and is popular.” The two also noted that Tesla CEO Elon Musk's involvement could potentially lead to mainstream financial instrumentation of DOGE.