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Profile· Neutral@shankarrao2006On Ethos
shankarrao2006

shankarrao2006

3 reviews, 33% of them positive.33% positive · 3 reviews· Influence factor 0, above 0% of accounts

The record

From 3 activities · Jul 2026

Active in the crypto community with strong connections to projects and builders, including in-person engagement at major events like Sui Basecamp. Reviews show mixed reception—praised as a pillar of the crypto community and informed advocate, though some critiques target the substance and tone of their project analysis, particularly around meme coins and Solana.

“Dogecoin ETF Marks a New Era for Crypto”The legitimacy of cryptocurrencies has been steadily climbing for years especially after the historic launch of the first U.S.-based spot Bitcoin exchange-traded fund (ETF) in January 2024. But this week marked an even more surprising milestone. The debut of the first Dogecoin ETF. At first glance, that might sound absurd. After all, Dogecoin was born as a joke, a meme coin with no real purpose. Yet, in today’s world, memes themselves have become cultural powerhouses. Bitcoin, often described as “digital gold,” has long lived up to that reputation. The arrival of the first spot Bitcoin ETF wasn’t shocking. it was simply a matter of time. Analysts had been calling for it for years. But rewind to the bull run of 2021, before the collapses of Terra/Luna and FTX, and the idea of a Dogecoin ETF would have been laughed off as fantasy. Even Elon Musk’s open affection for DOGE didn’t change the fact that it was widely dismissed as a novelty. That narrative shifted dramatically in 2024 when Bitcoin’s ETF launch became the fastest-funded in history. Ethereum ETFs followed with less fanfare, but the impact was undeniable: Wall Street institutions finally got a taste of what crypto enthusiasts had been championing for years. And while equities continue to hit new highs, few markets rival the excitement of a crypto bull run. Against that backdrop, REX Shares an asset manager known for pushing boundaries teamed up with Osprey Funds to launch the DOJE ETF. Structured under the Investment Company Act of 1940, the fund operates like a mutual fund while using derivatives through a Cayman Islands subsidiary. This creative approach let it bypass the lengthy Securities Act of 1933 approval process that delayed competitors like Bitwise’s spot Dogecoin ETF, which only secured approval in November 2025. Still, the launch has sparked controversy. Bloomberg ETF analyst Eric Balchunas remarked that this may be the first U.S. ETF “to hold something that has no utility or purpose.” The crypto community, of course, has pushed back on that characterization but the debate underscores the unusual nature of Dogecoin’s rise. From Bitcoin’s inception in 2009, nothing about crypto’s ascent has followed a “standard” path. The skeptics who once mocked it are now witnessing a wholesale shift in how people think about investments. Back in 2021, Elon Musk’s tweets helped send DOGE to the moon. In 2025, the story is different the launch of a Dogecoin backed ETF has given bulls a fresh reason to rally, with DOGE soaring more than 20% ahead of $DOJE’s debut.on Dogecoin · 1677· 1y ago7
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