The first Spot DOGE (DOGE) ETF (DOJE) has successfully launched, achieving a trading volume of 6 million dollars within the first hour, far exceeding analysts' expectations. The fund is launched in partnership between Rex Shares and Osprey Funds, marking the first entry of Meme coins into the regulated U.S. financial markets. Meanwhile, the U.S. Securities and Exchange Commission (SEC) has approved a new listing framework that simplifies the listing process for commodity-based encryption funds, creating favorable conditions for the future launch of more Spot ETFs, with tokens like Solana and XRP expected to benefit first.

Grayscale Investments has been approved to transform its digital large-cap fund ($GDLC) into the Grayscale CoinDesk Crypto 5 ETF, which will officially begin trading on the NYSE Arca this week. The fund will hold five leading digital assets: Bitcoin, Ether, XRP, Solana, and Cardano. This move marks a significant shift in U.S. crypto investment vehicles, eliminating previous restrictions and providing easier access to the crypto market for both institutional and retail investors.