ETF Dogecoin Coming Soon? Why DOGE May Explode Soon

21Shares has become the latest asset management company to officially file for a Dogecoin ETF (DOGE) spot, signaling growing institutional interest in this meme coin. On Tuesday, Nasdaq submitted Form 19b-4 to list and trade the 21Shares Dogecoin ETF. This step comes after 21Shares filed its initial S-1 application on April 9, and the company also announced an exclusive partnership with House of Doge to develop Dogecoin-backed financial products. The move is not just a regular filing, but it also reflects an important change: Dogecoin, which was once considered a joke, is now valued in the U.S. financial system. Why is the legal environment more favorable today? The political and regulatory landscape changed significantly in 2025. After Paul Atkins was appointed as the new SEC Chairman under President Donald Trump, the SEC has shown a clear pro-cryptocurrency stance. Atkins publicly criticized the previous administration's approach, blaming it for stifling innovation through excessive regulatory barriers. This new leadership team has paved the way for some spot Bitcoin ETFs in January 2024 and spot Ethereum ETFs in July 2024. Analysts believe that this friendlier atmosphere will significantly improve the chances for altcoin ETFs, particularly Dogecoin, which Bloomberg analysts have rated with a 75% approval probability earlier this year. What is the Acceptance Rate of the Dogecoin ETF? With the recent history of the SEC approving Bitcoin and Ethereum ETFs—and the Trump administration's public support for cryptocurrencies—it is highly likely that a Dogecoin ETF could be greenlit within a few months. Bloomberg Intelligence predicts a 75% chance of Dogecoin ETF approval, just behind Litecoin at 90%. However, the approval process still includes an important review stage after the 19b-4 filing is confirmed and published in the Federal Register. Assuming there are no major obstacles, the earliest possible approval could occur by the end of 2025. How Could This Affect the Price of $DOGE? Traditionally, the approval of ETFs for cryptocurrency assets has had a positive impact on the corresponding token prices. When the Bitcoin spot ETF was approved at the beginning of 2024, the price of Bitcoin surged by over 40% within a few weeks. If the ETF for Dogecoin is approved, it could trigger a similar price increase, especially considering its current modest price of around $0.18. A successful Dogecoin ETF could not only attract institutional investors but also spark excitement among retail investors, potentially pushing DOGE back to its previous all-time high and even beyond. Cautious forecasts suggest that the launch of the ETF could take DOGE to an initial level of $0.30–0.40, with the potential for further price increases if the cryptocurrency market as a whole remains optimistic. Is Dogecoin Ready for the Golden Age Yet? Although Dogecoin was created as a joke in 2013, its popularity, branding, and community have maintained relevance. Partnering with the Dogecoin Foundation and House of Doge will add credibility and infrastructure to the project, which may be exactly what institutional investors need to seriously allocate capital to DOGE. However, investors must remember that Dogecoin is still very volatile and is influenced by memes more than Bitcoin or Ethereum. Any ETF investment will still carry significant risks, although it has the potential for high rewards if mainstream adoption accelerates. Final prediction: Will DOGE reach a new high in 2025? If the Dogecoin 21Shares ETF is approved—likely under the new SEC regime—Dogecoin could see an explosive bullish move. Based on the historical ETF approval reaction and Dogecoin's loyal fan base, a bull run towards the $0.30–0.50 range looks reasonable by the end of 2025. However, as usual in the cryptocurrency market, caution is key. External macro factors, updates on regulations, and broader market sentiment will all play an important role in shaping Dogecoin's next big move.