Will we see a 'DOGEcoin ETF' in 2025? Experts say so...

BTC, EthercoinSpot ETF has been approved for listing in the United States, which can be said to be the biggest news in the crypto world and traditional financial markets for 2024. With Trump set to lead a Cryptocurrency-friendly White House, will 2025 usher in the Dogecoin (DOGE) ETF?

ETF platform ETF Store CEO Nate Geraci said, "Under the new government, I think everything is an option that can be promoted on the table."

The elected president Trump claims to be a leader who supports Crypto Assets and hopes to make the United States the "Bitcoin capital of the world". He even established the "Department of Efficiency" (DOGE, named after the DOGE coin), led by the billionaire Musk, a big fan of DOGE coin. Nate Geraci said

The market's expectation is for the new government to take action quickly, specifying which encryption assets are securities and which are not. Once such a framework is established, the approval process for more CryptocurrencySpot ETFs should become clearer.

Fund managers are working to accelerate the listing of new ETFs. Stock exchange Cboe BZX filed 4 applications related to the Solana fund last week, and some experts believe that the Solana ETF is expected to go public in 2025. Cryptocurrency analyst Louis Sykes said:

I am quite confident that we will see Solana ETF trading in the first half of 2025. The possibility of DOGE DOGE is much smaller, as Wall Street prefers assets that are not born out of memes.

Although DOGE was originally born as a joke, it has grown to be the 7th largest Cryptocurrency by Market Cap. According to CoinGecko market data, as of writing, the trading price of DOGE is about $0.43, with a Market Cap close to $64 billion.

Bloomberg ETF analyst Eric Balchunas said: 'Today's satire is tomorrow's ETF.' 'You can ask, is DOGE far away? I think we will see, because some people will say, why not give it a try?'

Two Prime Digital Assets CEO Alexander Blume said that there will inevitably be fund companies applying for the issuanceDOGE ETF, "due to the great success of BTC ETF, innovative financial companies will seek to create any potentially successful products. But whether they can get approval is another matter".

DOGE may be difficult to prove that it is a fair market because it is highly concentrated in the hands of DOGE holders. However, Alexander Blume believes that under the Trump administration, the overall regulatory tolerance of the U.S. Securities and Exchange Commission (SEC) will be greater, so they may be approved earlier than we expected.

SEC Chairman Gary Gensler is seen as a thorn in the side of the cryptocurrency industry, and he plans to step down on January 20, 2025.

On the other hand, Chris Giancarlo, former chairman of the Commodity Futures Trading Commission (CFTC), is expected to become the first "encryption Tsar" in the United States, responsible for Cryptocurrency policy. He revealed earlier that ending the suppression of the encryption field would help it mature and move towards a more vibrant development period.

Will there be a 'DOGEcoin ETF' in 2025? Experts say so... This article was first published in 'Blocklike'.