Recent growth in alternative digital currencies has become a significant topic in the cryptocurrency world. Amid a broad market uptrend, as more targeted policies in the U.S. reduce demand for safe-haven assets like Bitcoin, altcoins are demonstrating impressive results. The Solana token, well-known for its popularity among meme coin issuers, surged by 11%, highlighting market activity.

Asset management firm Franklin Templeton has filed a new application to launch an exchange-traded fund (ETF) that will track the spot price of the cryptocurrency XRP. This move highlights the increasing interest among asset managers in digital assets beyond the traditional Bitcoin.

Grayscale $MNRS has recently introduced a new private trust designed to offer institutional investors access to the popular meme coin Dogecoin. This move marks a significant step forward in enhancing global financial inclusivity, particularly for regions with underdeveloped traditional banking systems. The company emphasizes Dogecoin’s low fees and high transaction speeds, making it an efficient medium for international money transfers.

Cryptocurrency asset manager $BITW has made a significant move in the evolving landscape of meme coins by filing an application with the U.S. Securities and Exchange Commission (SEC) to launch an exchange-traded fund (ETF) tied to the price of dogecoin (DOGE). For this endeavor, Bitwise submitted the required S-1 documentation, a necessity for companies intending to issue a new security on the public financial market.

With the establishment of the Department of Government Efficiency (D.O.G.E.), many questions and speculations arise. However, what truly captured public attention was the unexpected choice of logo — the well-known cryptocurrency, $DOGEUSD