Dogecoin ETF Proposal Could Trigger $20B Inflows — Market Watches SEC Decision Closely

Key Highlights:

21Shares & House of Doge file Dogecoin ETF with Nasdaq in April 2025.

Estimated inflows: $12B–$20B, with potential 190% DOGE price upside.

Coinbase Custody Trust named as official custodian.

Polymarket approval odds at 67%; SEC decision expected mid-2025.

The meme coin just got serious.

In a bold step toward institutional legitimacy, 21Shares and House of Doge have submitted a proposal to launch a Dogecoin ETF, with Nasdaq filing for its listing. If approved, analysts forecast multi-billion dollar inflows, possibly pushing DOGE to new highs.

Why It Matters:

ETF approval could mirror Bitcoin’s explosive ETF effect, which saw over $40B in inflows. DOGE may follow suit, offering new exposure for traditional investors and potentially driving price momentum far beyond current levels.

> “This is more than a meme—it’s a signal that crypto’s mainstream evolution continues,” says a Bloomberg analyst.

Outlook:

Market sentiment leans optimistic with a 67% approval probability via Polymarket. If the ETF clears SEC scrutiny, it could reshape how meme assets like DOGE are perceived—transitioning from speculative tokens to regulated financial instruments.

Disclaimer: Not financial advice. Always do your own research. Crypto assets are highly volatile.