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House of Doge and 21Shares let the doge ETF out

House of Doge, the corporate arm of the Dogecoin Foundation, filed for a dogecoin ETF with the SEC in tandem with 21Shares.

Dogecoin is the eighth-largest crypto by market cap and is up 7.3% in the past 24 hours. Just like the crypto market overall, the OG meme coin jumped up after President Trump announced a 90-day tariff pause on most countries. Dogecoin, like most of the asset class, is largely laying flat this morning.

The 21Shares Dogecoin ETF comes on the heels of a slew of other dogecoin ETF filings, including ones from Bitwise, Grayscale, and Rex Osprey.

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XRP treasury firm trend grows as Evernorth, backed by Ripple Labs, enters the arena

The fifth-largest cryptocurrency by market cap, XRP, is getting a new treasury firm: Evernorth.

The firm will list on the Nasdaq and expects to raise over $1 billion in gross proceeds from SBI, Ripple Labs, Pantera Capital, Kraken, and GSR, according to a press release. Chris Larsen, cofounder and executive chairman of Ripple, also announced investing 50 million XRP tokens worth $124.5 million. Net proceeds are dedicated for open-market acquisitions of XRP.

Evernorth joins a number of firms stockpiling XRP, such as VivoPower International, Trident Digital Tech Holdings, and Webus

The announcement comes during a fragile period for crypto markets, but the latest news has boosted XRP’s price and the asset is back to flat over the last seven days.

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