Fun

Spot Dogecoin ETF Gains SEC Traction—Is A Price Surge Next?

News Feed - 2025-06-27 11:06:11

Reason to trust Strict editorial policy that focuses on accuracy, relevance, and impartiality Created by industry experts and meticulously reviewed The highest standards in reporting and publishing How Our News is Made Strict editorial policy that focuses on accuracy, relevance, and impartiality Ad discliamer Morbi pretium leo et nisl aliquam mollis. Quisque arcu lorem, ultricies quis pellentesque nec, ullamcorper eu odio.


Bitwise Asset Management has quietly nudged Dogecoin one step closer to Wall Street’s ETF club, filing an amended S-1 on 26 June that for the first time allows “in-kind” creations and redemptions. The tweak is more than procedural. It lines the proposed Bitwise Dogecoin ETF up with the operational playbook the US Securities and Exchange Commission already blessed for spot-bitcoin and spot-ether products, and it signals that SEC staff are now deep in the weeds on the mechanics of custody and settlement. Signs Point To Dogecoin ETF Approval


“Bitwise has filed amended S-1s for their spot Dogecoin ETF and their spot Aptos ETFs. Good signs as it indicates SEC engagement, and tracks with other spot approvals,” Bloomberg Intelligence senior ETF analyst Eric Balchunas wrote on X. He underscored the importance of the new language: “One HUGE update to the filing is ‘in-kind’ creations and redemptions… Near-lock at this point that in-kind will be allowed in spot ETFs across board.” Related Reading Dogecoin Flashes Rare Buy Signal—But One Move Could Ruin It 2 days ago


The change matters because in-kind processing lets authorized participants swap DOGE directly for ETF shares (and vice versa) without the tax friction and slippage that accompany the cash-only model imposed on futures-based crypto funds. The SEC’s willingness to consider that structure for a dog-branded altcoin would have seemed fanciful a year ago. It now appears consistent with the regulator’s post-bitcoin-ETF détente, during which issuers also sought in-kind redemptions.


Approval odds are converging on the high end of the spectrum. Less than a week ago, Balchunas and fellow analyst James Seyffart raised their probability for “the vast majority” of pending altcoin ETFs—including Dogecoin—to “90 percent or higher,” citing what Seyffart called “very positive” SEC engagement. Related Reading Dogecoin Crash Far From Over? Analyst Reveals The Target 4 days ago


Notably, that optimism has not fully washed into prediction markets: on Polymarket, the contract titled “Doge ETF approved in 2025?” was trading around 69% early Friday morning in Europe, while a shorter-dated line for approval by 31 July priced in barely 13% odds. Dogecoin Price Stalls (For Now)


Dogecoin itself has yet to reflect the regulatory tail-wind. The token changed hands near $0.161—down roughly 2% on the day. Technical trader Kevin (@Kev_Capital_TA) argues that bulls still control the longer-term picture: on his weekly chart, DOGE has respected a momentum breakout line traced back to late-2022 on five separate tests, each time spring-boarding into “major bounces.” He pegs the “line in the sand” at the $0.143–0.127 support band: “ Dogecoin price analysis | Source: X @Kev_Capital_TA


Yet Kevin cautions that meme-coin exuberance ultimately hinges on the Federal Reserve, not tweet-driven hype. In a separate post this week, he noted that fresh highs in bitcoin dominance continue to ride “restrictive monetary policy and an uncertain geopolitical environment.” Alt-season, he wrote, will require the end of quantitative tightening and a tangible decline in the US terminal rate—conditions absent since late-2023 and still distant according to Fed-funds futures.


At press time, DOGE traded at $0.16123. DOGE price decision looms, 1-day chart | Source: DOGEUSDT on TradingView.com Featured image created with DALL.E, chart from TradingView.com

News Feed

European Blockchain Ecosystem Needs €350 Million for the Next 18 Months
European Blockchain Ecosystem Needs €350 Million for the Next 18 MonthsA study report by Leadblock Partners, an appointed representative of Sapia Partners LLP, finds an accelerati
Turner WrightSep 22, 2023How are crypto firms responding to US regulators’ enforcement actions?Prometheum was purportedly “purpose-built to comply with federal securities laws” and avoided lawsuits from the SEC, un
Google Cloud's Web3 portal launch sparks debate in crypto industry
Ciaran Lyons4 hours agoGoogle Cloud"s Web3 portal launch sparks debate in crypto industryGoogle Cloud recently launched a Web3 portal with testnet tools, blockchain datasets, and learning resources for developers, receiv
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos
Chinese Crackdown Bolsters Bitcoin Mining in Thailand, Bigger Investors Eye Setting Up Operations in Laos A crackdown on bitcoin mining by China has led to an increase in the numb
Turner Wright11 hours agoRecovery firm proposes cracking former Ripple CTO’s $244M Bitcoin hard driveStefan Thomas, the former chief technology officer at Ripple, has an IronKey hard drive containing 7,002 BTC with onl
Zhiyuan Sun6 hours agoVisa completes digital Hong Kong dollar pilot test with local banksThe e-HKD CBDC pilot program will enter Phase 2 following praise from the city’s monetary authority.1276 Total views6 Total share
Bitcoin outperforms Tesla stock for the first time since 2019
Zoltan Vardai8 hours agoBitcoin outperforms Tesla stock for the first time since 2019Bitcoin price is outperforming Tesla stock for the first time since 2019, though the EV giant still maintains a sizeable BTC stash.4128
3 trends to think about before Bitcoin's bull run resumes
Ruslan Fakhrutdinov1 hour ago3 trends to think about before Bitcoin"s bull run resumesThe market is down, but the bull run isn"t over. When it resumes running upward, some things are going to run a little more than other
Minting Basic Income – US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt
Minting Basic Income - US Lawmaker Asks Treasury to Issue Two $1 Trillion Coins With No Debt The U.S. is now facing the onslaught from the coronavirus outbreak. During the last t
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year
9 Out of the Top 12 Crypto Assets Are Down 70% to 90% Lower Than the All-Time Highs Recorded Last Year 274 days or roughly nine months ago, the crypto economy was worth $2.34 trill
Bitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buying
Nancy Lubale5 hours agoBitcoin price faces major ‘summer of 2021’ style correction despite BTC whale buyingBitcoin whales have become accumulators again, but analysts say BTC is still at risk of another sharp correct
Core Scientific sees revenue surge in 1Q24 after emerging from bankruptcy
Ana Paula Pereira2 hours agoCore Scientific sees revenue surge in 1Q24 after emerging from bankruptcyBitcoin miner Core Scientific has posted $150 million in revenue from digital asset mining in the first quarter of 2024