DOGE Rises as US DOGE ETF Faces Another Postponement

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Dogecoin gained around 4% to reach $0.26 despite Bloomberg’s Eric Balchunas reporting that the first US DOGE ETF faces another delay.

Dogecoin’s price rose Friday even as the launch of a US exchange-traded fund (ETF) tied to the memecoin was delayed again, according to a Bloomberg analyst.

According to CoinMarketCap data, Dogecoin increased by nearly 4% over the last 24 hours — reaching $0.2603 at the time of writing. The rise comes despite Bloomberg’s senior ETF analyst Eric Balchunas saying Thursday that the launch of a US DOGE ETF is delayed again.

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