Could 2025 Be the Year Dogecoin Gets Its Own ETF?
Dogecoin is gaining momentum as a potential candidate for an exchange-traded fund (ETF) in 2025, following the success of Bitcoin and Ethereum ETFs in 2024.
Once a meme coin, Dogecoin has seen impressive growth, now ranking as the seventh-largest cryptocurrency with a market value of $60 billion. The growing interest in crypto ETFs, combined with the supportive environment for digital assets under the incoming U.S. administration, has sparked discussions about DOGE’s possible inclusion.
As the crypto landscape evolves, many believe Dogecoin’s time for mainstream adoption has come. With influential figures like Elon Musk backing the coin and an increasing number of investors showing confidence, its entry into the ETF market seems increasingly likely. Industry experts, such as ETF Store President Nate Geraci, suggest that the trend of meme-based assets moving towards legitimacy could continue, as evidenced by the quote, “Today’s satire is tomorrow’s ETF.”
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Market speculation around a Dogecoin ETF has already had an impact on its price. In response to the news, DOGE surged 9% in one day, reaching $0.43, and has climbed over 150% in November alone. Analysts believe the coin could break $1 by December if it continues its upward momentum.
Adding to this bullish outlook, a series of large transactions involving Dogecoin, including a $445 million transfer of over 1.1 billion DOGE, signals growing confidence from major investors. With regulatory changes on the horizon, including a potential shake-up at the SEC, the stage seems set for Dogecoin to make its move into the ETF space in 2025.
Alexander Stefanov
Reporter at CoinsPress
Alex is an experienced finance journalist and a cryptocurrency and blockchain enthusiast. With over five years of experience covering the industry, he deeply understands the complex and constantly evolving world of digital assets. His insightful and thought-provoking articles provide readers with a clear picture of the latest developments and trends in the market. His passionate approach allows him to break down complex ideas into accessible and insightful content. Follow up on his content to be up to date with the most important trends and topics - stay ahead of the curve with CoinsPress.
