Ethereum

Dogecoin

Spot

Donald Trump

<p>The idea of a <a href="https://bitcoinist.com/dogecoin-etf-30-chance-approval/">Dogecoin (DOGE) exchange-traded fund (ETF)</a> has been raised again. This is partly due to the positive sentiment around a potential approval of the <a href="https://bitcoinist.com/secs-feedback-ethereum-etf-closer-to-approval/">Spot Ethereum ETFs</a>, which crypto experts believe could open the door for other <a href="https://bitcoinist.com/crypto-asset-fund-surge-over-500-million-inflows/">crypto funds</a>.&nbsp;</p> 
<h2 id="the-odds-for-a-dogecoin-etf-are-brighter-than-ever">The Odds For A Dogecoin ETF Are “Brighter Than Ever”</h2> 
<p>Crypto venture capitalist (VC) Andrew Kang mentioned in an X (formerly Twitter) <a href="https://x.com/Rewkang/status/1792912189910581424" rel="nofollow" target="_blank">post</a> that “the odds for a DOGE ETF look brighter than ever,” with regulatory clarity for the crypto industry looking to be imminent. Kang was referring to the Financial Innovation and Technology for the 21st Century <a href="https://bitcoinist.com/will-washington-wreck-or-welcome-crypto-looming-vote-holds-bitcoins-fate/#:~:text=Fit21%20would%20establish%20the%20CFTC,and%20treated%20in%20bankruptcy%20proceedings.">(FIT21) bill</a>, which aims to bestow crypto regulation upon the <a href="https://bitcoinist.com/cftc-predicts-tsunami-of-crypto-enforcement-actions/">Commodity Futures Trading Commission (CFTC)</a>.&nbsp;</p> 
<p>This isn’t the first time Kang has discussed the possibility of a Dogecoin ETF being approved. In March, the crypto expert <a href="https://bitcoinist.com/dogecoin-etf-30-chance-approval/">mentioned</a> that there was a 30% chance that an investment fund related to the foremost meme coin would be eventually approved. He alluded to the recent regulatory developments as a reason why he had such hopes.&nbsp;</p> 
<p>Furthermore, he highlighted <a href="https://bitcoinist.com/trump-bitcoin-eth-xrp-dogecoin-shib-election/">Donald Trump</a> winning the presidency and Dogecoin being the “most decentralized” altcoin as factors that could aid in approving a DOGE ETF. Meanwhile, in January, he mentioned that Dogecoin is one of the biggest market cap coins that has never had a presale and has never been <a href="https://bitcoinist.com/expert-slams-sec-chairman-over-ethereum-nature/">considered a security</a>, which is why it deserved its own ETF.&nbsp;</p> 
<p>Kang also looks more confident about a Dogecoin ETF being approved thanks to the <a href="https://www.newsbtc.com/news/ethereum/ethereum-price-up-20-today/#:~:text=The%20Ethereum%20price%20has%20risen,of%20the%20Spot%20Ethereum%20ETFs." rel="nofollow noopener" target="_blank">recent development</a>, which shows that the SEC will likely approve the Spot Ethereum ETFs. He mentioned in a recent <a href="https://x.com/Rewkang/status/1792691151335805226" rel="nofollow" target="_blank">X post</a> that “it is possible that an ETH ETF approval is not just an isolated event” but a first step of a “complete U-Turn” in the government’s anti-crypto stance.&nbsp;</p> 
<p><a href="https://bitcoinist.com/wall-street-gobbles-up-bitcoin-at-a-faster-rate/">Crypto expert Anthony Pompliano</a> also believes that a Spot Ethereum ETF approval could be the beginning of great things for the crypto industry. He stated in an X post that “they are approving the entire industry” if they approve the Ethereum ETF. “This is the last dam to be broken,” he claimed.&nbsp;</p> 
<h2 id="this-positive-sentiment-can-drive-doge-to-new-highs">This Positive Sentiment Can Drive DOGE To New Highs</h2> 
<p>There is no doubt that Dogecoin’s price could rise to new highs if the launch of a Dogecoin ETF becomes feasible. It has become <a href="https://bitcoinist.com/bitcoin-price-rise-above-57000/#:~:text=Bitcoin%20isn't%20showing%20signs,a%20bullish%20narrative%20for%20BTC.">evident</a> how positively a crypto’s price can react just to the hype around the potential approval of an ETF, as seen with Bitcoin’s price before when the <a href="https://bitcoinist.com/breaking-spot-bitcoin-etfs-approved-by-us-sec/">Spot Bitcoin ETFs were approved</a>.&nbsp;</p> 
<p>More recently, <a href="https://www.newsbtc.com/news/ethereum/ethereum-price-up-20-today/#:~:text=The%20Ethereum%20price%20has%20risen,of%20the%20Spot%20Ethereum%20ETFs." rel="nofollow noopener" target="_blank">Ethereum’s price rallied</a> on news that the SEC had made a U-turn and was willing to approve the Spot Ethereum ETFs. Therefore, <a href="https://bitcoinist.com/dogecoin-forms-bullish-triangle/">DOGE’s price</a> can be expected to experience a significant price surge if an application is made to the <a href="https://www.newsbtc.com/crypto/sec-announcement-crypto/#:~:text=What%20The%20SEC's%20Latest%20Announcement%20Means%20For%20The%20Crypto%20Industry,-by%20Scott%20Matherson&amp;text=A%20recent%20announcement%20by%20the,actions%20have%20had%20on%20it." rel="nofollow noopener" target="_blank">SEC</a> to launch a Dogecoin ETF.&nbsp;</p> 
<img loading="lazy" decoding="async" class="size-medium" src="https://www.tradingview.com/x/s0M1j4eh/" alt="Dogecoin price chart from Tradingview.com" width="3286" height="1576">

Dogecoin ETFs Move To The Fore: Can Positive Sentiment Drive It To $0.35?

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