DOGE Rises 5.3% Over the Past Week as Bitwise Introduces Dogecoin ETF

DOGE Price Update and Market Trends

As of November 28, 2025, Dogecoin (DOGE) experienced a modest 0.03% gain over the previous 24 hours, reaching a value of $0.15316. Over the past week, DOGE has climbed 5.3%. However, the cryptocurrency remains 18.1% lower than a month ago and has dropped 51.68% since the beginning of the year. This recent price activity coincides with the introduction of the Bitwise Dogecoin ETF, which has increased institutional interest in the altcoin.

Bitwise Dogecoin ETF Debuts, Broadening Market Access

On November 26, 2025, Bitwise officially introduced its Dogecoin ETF on the New York Stock Exchange, trading under the symbol BWOW. This launch marks a significant step in making Dogecoin more accessible to institutional investors, enabling them to gain exposure to the popular memecoin through a regulated investment vehicle rather than directly purchasing digital assets.

The ETF operates as an exchange-traded product (ETP), mirroring Dogecoin's price within a familiar, regulated framework. This approach reflects a wider movement in the cryptocurrency sector, where established financial systems are increasingly being used to connect digital assets with mainstream markets.

With the Bitwise Dogecoin ETF now available, DOGE can be traded similarly to traditional stocks, making it easier for both institutional and retail investors to participate. The ETF’s performance may further boost demand for DOGE as more investors seek regulated avenues for crypto exposure.

Rising Institutional Engagement with Altcoins

The introduction of the Bitwise Dogecoin ETF is part of a broader trend of institutional products entering the crypto market. In Europe, the Bonk (BONK) community recently collaborated with Bitcoin Capital to launch the first ETP for a Solana-based memecoin on the SIX Swiss Exchange, signaling growing institutional interest in alternative cryptocurrencies.

Meanwhile, in the United States, Grayscale has filed with the SEC to convert its Zcash (ZEC) Trust into an ETF, indicating further regulatory progress. These developments demonstrate the rapid evolution of financial products supporting digital assets, with more institutional-grade offerings expected in the near future.

Despite DOGE’s recent rebound, its technical outlook remains mixed. The coin has suffered notable losses over the past month and year, reflecting a broader bearish trend. Nevertheless, the 5.3% gain over the last week suggests that short-term buying interest persists.

The launch of the Bitwise ETF has already pushed DOGE to test important resistance points, potentially paving the way for further gains if the ETF attracts sustained investment.

Experts believe that ongoing institutional adoption and the success of altcoin ETFs could help restore investor confidence in DOGE. However, future price movements will depend on overall market sentiment, regulatory changes, and continued innovation in the crypto sector.

Summary

The introduction of the Bitwise Dogecoin ETF represents a significant milestone for DOGE, improving its accessibility within traditional financial markets. Although the coin remains well below its year-to-date high, the recent weekly increase points to renewed interest following institutional involvement. As more altcoin ETFs and ETPs become available, DOGE stands to benefit from the expanding integration of cryptocurrencies into mainstream finance.