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I just saw that T. Rowe Price, a major investment manager, is including dogecoin and shiba inu in their new cryptocurrency ETF. I mean, meme coins now backed by institutional support—that's quite interesting.
Looking at the current numbers, DOGE is at $0.09 with a 1.46% drop in 24 hours, while SHIB is around there with -1.60%. They're not exactly soaring, but the move by a manager of this caliber getting involved with these tokens says something about how the market is changing.
I always thought these assets were too speculative for big managers to touch. But it seems the narrative is shifting. Do you think this opens the door for other managers to do the same, or is T. Rowe Price just being adventurous?