Will A Dogecoin ETF Launch In 2025?

The prospect of a Dogecoin ETF emerging in 2025 has gained attention, especially after the successful launches of Bitcoin and Ethereum ETFs in 2024. With crypto gaining more traction and a crypto-friendly administration in the White House, some experts believe that DOGE could follow in the footsteps of other digital assets. Being one of the largest meme coins, DOGE’s shift toward mainstream adoption has sparked discussions about its inclusion in the ETF market.

Will Dogecoin ETF Launch in 2025 as Crypto-Friendly Policies Gain Traction?

The increasing momentum around crypto ETFs has made Dogecoin a potential candidate for an exchange-traded fund. Despite its origins as a top meme coin, Dogecoin has grown in market capitalization, now ranking as the seventh-largest crypto with a valuation of $60 billion. 

Experts point to the success of Bitcoin and Ethereum ETFs in 2024 as a driving force behind optimism for the approval of a Dogecoin ETF. With a pro-crypto administration led by President-elect Donald Trump and figures like Elon Musk showing support for the digital asset, Dogecoin’s entry into the ETF space seems imminent.

Commenting on these speculations in a recent post on X, ETF store President Nate Geraci quoted a statement by  Bloomberg’s analyst Eric Balchunas stating,

“Today’s satire is tomorrow’s ETF.” Could we see a DOGE ETF in 2025? Maybe.”

A potential Dogecoin ETF could benefit from the evolving regulatory environment, especially with the U.S. SEC set to undergo leadership changes in 2025. Analysts suggest that Gary Gensler’s departure as SEC Chairman will pave the way for more crypto ETF approvals.

Price Surge Amid ETF Speculation

Dogecoin price has seen an uptick as speculations surrounding the possible launch of an ETF continue to grow. Following reports of a potential ETF filing, the Dogecoin price surged from $0.3986 to $0.43 in 24 hours, marking a 9% increase. 

Additionally,  Dogecoin price has shown promise in recent weeks, gaining more than 150% in November alone. Analysts are predicting that the DOGE price will reach $1 in December 2024, especially if it manages to break key resistance levels.

If DOGE manages to sustain its upward trajectory, a breakout above $0.50 could trigger more upside to $1 or higher by the end of the year.

Adding to the bullish outlook, Dogecoin whale moved over 1.1 billion DOGE, worth $445 million, in three large transactions. This significant accumulation signals growing confidence among major investors, fueling speculation of a potential price rally.

Disclaimer: The presented content may include the personal opinion of the author and is subject to market condition. Do your market research before investing in cryptocurrencies. The author or the publication does not hold any responsibility for your personal financial loss.