#DogecoinETFProgress
🚀 Dogecoin ETF Progress – My Take
I’ve been keeping a close eye on the Dogecoin ETF story lately, and things are finally getting interesting. For years, DOGE was treated as just a “meme coin,” but in the past few weeks, real progress has been made on the ETF front.
The first big step was the launch of REX-Osprey’s DOJE ETF in the U.S. This isn’t just talk anymore – it’s actually trading, giving investors direct exposure to DOGE. On top of that, 21Shares’ spot Dogecoin ETF (TDOG) has already shown up on the DTCC’s system, which basically means the back-end clearing and settlement work is in motion. While that doesn’t equal full SEC approval yet, it’s a strong signal of what’s coming.
And then there’s Grayscale, which recently updated its filing (ticker GDOG) to convert its Dogecoin trust into a regulated ETF, with Coinbase named as custodian. Combine all this with the SEC’s new, more flexible listing rules for crypto ETFs, and the chances of multiple Dogecoin ETFs hitting the market soon look much higher than before.
Of course, DOGE is still volatile and meme-driven, so any ETF around it will carry those same risks. But honestly, this month marks a turning point — Dogecoin is stepping into regulated finance in a way that felt impossible just a year ago.