The anticipated crypto-friendly policies and the recent surge in the price of DOGE have led to an increase in speculation regarding the possibility of a Dogecoin ETF being approved by 2025.
Especially in light of the successful launches of Bitcoin and Ethereum ETFs in 2024, the possibility of a Dogecoin ETF arising in 2025 has garnered attention.
Some experts anticipate that DOGE may emulate other digital assets in the future, given the increasing popularity of crypto and the crypto-friendly administration in the White House. DOGE’s transition to mainstream adoption has prompted debates regarding its inclusion in the ETF market, as it is one of the largest meme coins.
Will the Dogecoin ETF be launched in 2025 as crypto-friendly policies gain momentum?
Dogecoin is a prospective candidate for an exchange-traded fund due to the growing momentum surrounding crypto ETFs. In spite of its origins as a top meme coin, Dogecoin has experienced a significant increase in market capitalization, currently ranking as the seventh-largest cryptocurrency with a valuation of $60 billion.
The success of Bitcoin and Ethereum ETFs in 2024 is cited by experts as a primary factor in the optimism surrounding the approval of a Dogecoin ETF. Dogecoin’s entry into the ETF space appears to be imminent, given the pro-crypto administration headed by President-elect Donald Trump and the vocal support of figures such as Elon Musk for the digital asset.
In a recent post on X, ETF store President Nate Geraci cited a statement by Bloomberg’s analyst Eric Balchunas in response to these speculations.
“Today’s satire is tomorrow’s ETF.” Could we see a DOGE ETF in 2025? Maybe.”
A prospective Dogecoin ETF could capitalize on the changing regulatory landscape, particularly in light of the upcoming leadership transitions at the U.S. Securities and Exchange Commission (SEC) in 2025. According to analysts, Gary Gensler’s resignation as SEC Chairman will facilitate the approval of additional crypto ETFs.
Price Increase in Response to ETF Rumors
The value of Dogecoin has experienced an increase as speculation regarding the potential introduction of an exchange-traded fund (ETF) persists. The price of Dogecoin increased by 9% in 24 hours, from $0.3986 to $0.43, in response to reports of a prospective ETF filing.
Furthermore, the Dogecoin price has demonstrated potential in recent weeks, with a gain of over 150% in November alone. Analysts anticipate that the DOGE price will surpass $1 in December 2024, particularly if it surpasses critical resistance levels.
A breakout above $0.50 could potentially result in additional upside to $1 or higher by the end of the year if DOGE is able to maintain its upward trajectory.
Dogecoin whale executed three substantial transactions, resulting in the transfer of over 1.1 billion DOGE, which is equivalent to $445 million, further bolstering the optimistic view. This substantial accumulation indicates that major investors are gaining confidence, which is fostering speculation about a potential price increase.