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Multiple Industry Insiders Say DOGE ETF May Be Realised By 2025

Multiple Industry Insiders Say DOGE ETF May Be Realised By 2025

Bitget2024/11/29 17:27

The reported historic success of the Bitcoin and Ether ETFs in 2024 is arguably the biggest news of the year for cryptocurrencies and traditional financial markets. With a cryptocurrency-friendly White House, could this year's success give rise to a dogcoin spot ETF in 2025.

In response Nate Geraci, President of the ETF Store, said, ‘I think everything is on the table under the new administration. Hopefully, the new administration will move quickly to designate which crypto assets are securities and which are not. Once that framework is in place, the path to approval for the remaining cryptocurrency spot ETFs should become clearer.’

Cryptocurrency analyst Louis Sykes said, ‘I'm very confident we'll see the Solana ETF trading in the first half of 2025, while DOGE is much less likely, with Wall Street preferring assets that weren't created as memes.’

Eric Balchunas, Senior ETF Analyst at Bloomberg, said, ‘Today's irony is tomorrow's ETF. you can ask yourself if the DOGE ETF is far away. I'd say we'll see DOGE ETFs, and I think some people will give them a try, because why not?’

Alexander Blume, CEO of Two Prime Digital Assets, said, ‘The DOGE ETF case is bound to happen, and with the huge success of the BTC ETF, entrepreneurial financial firms will be looking to create any product that might work.’

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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