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$DOGE Futures trading activity around Dogecoin has seen significant growth following the ETF news. Binance, OKX, and Bybit have all experienced increases in futures open interest, with rises of 1.5%, 1.64%, and 1.26%, respectively. This growing participation in the derivatives market further suggests that market participants are anticipating positive momentum. #DOGE
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$DOGE As the amended filing details come to light, Dogecoin’s price has surged by over 11%, reaching $0.15 in the past 24 hours. During this period, the cryptocurrency has experienced a rise in trading volume, indicating growing interest from investors. Additionally, the price movement of Dogecoin has also spiked its open interest in futures markets. The total open interest for Dogecoin futures jumped by 8%, reaching $1.5 billion in the last 24 hours, signaling bullish sentiment among traders. #DOGE
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As disclosed in the filing, the 21Shares Dogecoin ETF will carry a 0.50% management fee, expected to be paid out in weekly Dogecoin installments. While the issuer did not announce any potential fee waivers, it is expected that this may be revealed closer to the official ETF launch. The revised filing also included details about the roles of various partners involved in managing the ETF. The Bank of New York Mellon will serve as the administrator, cash custodian, and transfer agent. While Anchorage Digital Bank and BitGo will be custodians of the trust. $DOGE
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Vanguard, managing $11 trillion in assets, officially listed the LTCC Litecoin ETF by Canary Capital. The listing was announced via Litecoin Magazine on Twitter, highlighting increased institutional adoption of crypto assets. $LTC
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Historical trends show December often sees positive movements for Litecoin, partially due to broader market activity. Regulatory frameworks accommodating ETFs continue to mature, potentially facilitating future asset-specific listings. Potential price trajectories suggest Litecoin may test $125 by year-end, contingent on continued investor interest and appropriate regulatory conditions. Data indicates a consistent pattern of December rallies for Litecoin. #LTC $LTC
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