Will the Dogecoin ETF be launched in 2025? Analysts say it may become a reality
According to The Block, with the success of Bitcoin and Ethereum ETFs in 2024, the market is starting to discuss whether a Dogecoin (DOGE) ETF will appear in 2025. DOGE is currently the sixth largest cryptocurrency, with a market cap close to $60 billion. Nate Geraci, president of ETF Store, stated that under a government supportive of crypto-friendly policies by Trump, the approval path for more spot crypto ETFs may become clearer.
Analysts believe that while the possibility of a DOGE ETF is low, some entrepreneurial financial companies may attempt to submit related applications. Alexander Blume, CEO of Two Prime Digital Assets, believes that DOGE's high centralization may pose a barrier, but the new government's stance could accelerate the approval process.
If DOGE is approved or an institution submits an application, then at the current price of 0.45, there is at least 10 times the potential space, so let's wait and see, as the crypto world has never lacked miracles.
