U.S. money market funds reach a record high and a Doge ETF is on the horizon.

You're watching Coin Desk Daily. I'm your host, Jen Sanasi.

U.S. money market funds have reached a record high of over $7 trillion.

And some analysts believe they could be rotated into riskier

asset classes, including crypto. A money market fund is a type of mutual fund that invests

in high-quality, short-term debt instruments like the Treasury bills, certificates of deposit, and

commercial paper. Total money market fund assets increased by $52.37 billion to $7.26 trillion for the week ended September 3rd,

according to the Investment Company Institute. Analysts suggest that upcoming Fed rate cuts could

prompt investors to shift funds from money market accounts into equities and crypto.

Ledger CTO Charles Guemay warned of a supply chain attack in the JavaScript ecosystem after an NPM account compromise.

Gimay wrote in the ex post that the attack operates through silently swapping crypto addresses on the fly to steal funds.

He advised users to carefully verify every transaction if using the hardware wallet and to avoid on-chain transactions entirely,

if they don't.

You may add that this is an opportunity to remind everyone to always verify your transactions,

never blind sign, use a hardware wallet with a secure screen, and clear sign everything.

Thank you. everything. And Dogecoin Bulls have been waiting for an exchange-traded fund for the token in the U.S.

And it could be here soon.

The Rex Osprey Doge ETF with the ticker DOJE is expected to launch this week,

offering U.S. investors direct exposure to the volatile token.

Market participants anticipate increased volatility with the launch as Dogecoin rose nearly

5% on the day, outperforming larger cryptocurrencies.

That's it for CoinDesk Daily.

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