You’re reading a free article with opinions that may differ from The Motley Fool’s Premium Investing Services. Become a Motley Fool member today to get instant access to our top analyst recommendations, in-depth research, investing resources, and more. Learn More 4. Borrow Dogecoin Ethereum's prospects in terms of getting proposed spot ETFs approved may be more murky. Given the incredibly long lag between proposals and approvals for Bitcoin ETFs, these products could still have a ways to go. That said, these approvals do provide a blueprint for regulators looking at spot Ethereum ETFs, and given the SEC's rather favorable stance toward both Bitcoin and Ethereum, one might certainly surmise that the probability of future approvals has increased over the past 24 hours.
From just an internet meme, Cheems will inspire the launch of Dogecoin in 2013, often featuring as part of the Dogecoin family. As a meme legend, the passing of Cheems at age 12 due to cancer has struck a chord with Dogecoin fans and meme enthusiasts. $302.88 (-0.68%) Dogecoin was created in 2013 by a pair of software developers who worked at Adobe and IBM, respectively, as a parody of cryptocurrencies such as bitcoin. Cryptocurrencies are a type of digital money that can be used to pay for things in the online world. Most of them, including dogecoin and bitcoin, are backed by an encrypted digital ledger of transactions, known as a blockchain.