The chances of a Dogecoin exchange-traded fund (ETF) becoming a reality have surged significantly in 2025. According to betting site Polymarket, the likelihood of approval has climbed to 56%, more than double the 23% odds in early January. This increase reflects growing investor interest in meme-based cryptocurrencies and their potential role in mainstream finance.
Major Players Push for Dogecoin ETF
Bitwise, one of the largest crypto index fund managers, has taken a major step by filing an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch a Dogecoin ETF. Additionally, REX Shares, another financial firm, has also submitted a filing, further increasing speculation that regulatory approval may be on the horizon.
Despite these developments, Dogecoin’s price has dipped by 2.1% in the last 24 hours, according to CoinGecko. The market remains cautious, as the SEC’s stance on more speculative assets, like meme coins, remains uncertain.
Will the SEC Approve Meme Coin ETFs?
The recent approval of spot Bitcoin ETFs in the U.S. has opened the door for additional crypto-based funds. However, meme coins like Dogecoin are viewed differently due to their extreme volatility and lack of fundamental utility. The SEC’s willingness to approve such ETFs remains uncertain, especially under a potential new administration that may revise regulatory policies.
Meanwhile, other meme coins are also looking to enter the ETF space. Turtle Capital recently filed for an ETF based on Solana’s BONK, signaling broader interest in turning speculative assets into tradeable financial products.
What’s Next for Dogecoin Investors?
If approved, a Dogecoin ETF could increase institutional adoption and drive demand for the asset, potentially leading to price appreciation. On the other hand, rejection or regulatory delays could cause short-term volatility. Investors should carefully consider the risks involved before making any decisions.
📌 This article does not constitute investment advice. Always do your own research before making financial decisions.
