Will Dogecoin Be the Next Cryptocurrency to Join the ETF Race in 2025?

In 2024, the cryptocurrency market saw major progress with the successful launch of Bitcoin and Ethereum ETFs, sparking speculation about a potential Dogecoin ETF in 2025 under the pro-crypto U.S. administration of President-elect Donald Trump.

Experts like Nate Geraci of the ETF Store see regulatory clarity as a key factor for the approval of new crypto ETFs, including Dogecoin. Geraci believes that once it’s clear which assets are securities, the approval process will accelerate.

While Dogecoin is a possibility, Solana may see its ETF launched first. The Cboe BZX exchange has already filed for several Solana ETF applications, with approval expected in mid-2025. Despite some doubts due to Dogecoin’s meme coin status, analysts like Eric Balchunas from Bloomberg suggest that even meme-based assets could eventually find their way into ETFs.

Some industry leaders remain optimistic that as the crypto market matures, even assets like Dogecoin will gain the credibility needed to join the mainstream investment ecosystem.

Alexander Blume, CEO of Two Prime Digital Assets, predicts that Dogecoin ETFs are inevitable, fueled by the success of Bitcoin ETFs. However, he raised concerns about the concentrated holdings of Dogecoin, which could complicate its regulatory approval.

The coming years are set to bring new innovations in the crypto ETF market, with Dogecoin still part of the conversation. As more assets enter the ETF space, the industry could see broader acceptance and investment from traditional financial institutions, further integrating cryptocurrencies into global markets.