NYSE Has Filed To List And Trade Greyscale’s Spot Dogecoin (DOGE) ETFs

Dogecoin is back in focus as the NYSE pushes forward with Grayscale’s Spot Dogecoin ETF listing. Investors hope it will push DOGE closer to $1, despite recent price drops and market uncertainty.

While DOGE investors wait on ETF approval, PlutoChain ($PLUTO) is working to possibly solve Bitcoin’s biggest challenges. As a Layer-2 solution for Bitcoin, it could enable faster transactions, lower fees, and Ethereum compatibility.

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Here’s everything you need to know about both projects.

NYSE Pushes for Grayscale’s Spot Dogecoin ETF Listing

Neptune Digital Assets just invested $370,000 in Dogecoin, but technicals remain bearish. The Ichimoku Cloud and EMA suggest further downside unless Dogecoin clears key resistance.

Meanwhile, the NYSE has officially filed to list and trade Grayscale’s Spot Dogecoin ETF, a move that could further legitimize DOGE as an institutional asset. If approved, this listing would mark another major step in integrating Dogecoin into mainstream financial markets.

The analyst Doge Terminal AI points to political optimism, Musk’s influence, and ETF speculation as key drivers.

A breakout above $0.30 could push it to $0.36, with $0.40 as the next target—a potential 54% gain.

PlutoChain Is the Hybrid Layer-2 Solution That Could Transform Bitcoin in 2025 and Add New Features

Bitcoin has been facing issues with slow transactions, high fees, and network congestion. While Ethereum and Solana have rolled out scaling solutions, Bitcoin still struggles to keep up with growing market demands.

PlutoChain ($PLUTO), a hybrid Layer-2 solution, could solve these issues. Designed to work alongside Bitcoin, it could improve efficiency and speed up transactions without altering Bitcoin’s core network.

One of PlutoChain’s biggest strengths is speed. Instead of waiting around 10 minutes for a confirmation, PlutoChain processes block times in just two seconds. This could make Bitcoin much more practical for daily payments, cross-border transfers, and microtransactions—areas where it has usually fallen short.

PlutoChain has already proven its capabilities, successfully handling 43,200 transactions in a single day without any network issues.

It’s not just about speed, though. PlutoChain also tackles Bitcoin’s high transaction fees, making everyday use more affordable.

As an Ethereum Virtual Machine (EVM)-compatible network, it could allow Ethereum-based applications—like DeFi protocols, NFT marketplaces, and AI-powered platforms—to integrate directly with Bitcoin. This could redefine Bitcoin’s role.

Security is a top priority with audits from SolidProof, QuillAudits, and Assure DeFi, plus continuous stress testing to ensure reliability.

Governance is decentralized and it could put the key decisions—like upgrades and partnerships—into the hands of the community.

With faster transactions, lower fees, cross-chain compatibility, and decentralized governance, PlutoChain could make Bitcoin more scalable and usable for the masses.

Final Thoughts

The prospect of institutional investment could give Dogecoin a new level of legitimacy, further integrating it into mainstream financial markets.

Meanwhile, PlutoChain ($PLUTO) and its Layer-2 technology could solve Bitcoin’s biggest challenges, bring faster block times, and lower costs.

This publication is sponsored. CryptoDnes does not endorse and is not responsible for the content, accuracy, quality, advertising, products or other materials on this page. Readers should do their own research before taking any action related to cryptocurrencies. CryptoDnes shall not be liable, directly or indirectly, for any damage or loss caused or alleged to be caused by or in connection with use of or reliance on any content, goods or services mentioned.

Alexander Stefanov