Dogecoin could get its own ETF as early as 2025

The cryptocurrency market continues to excite news about ETF funds. After the successful launch of exchange-traded funds on Bitcoin and Ethereum, the investment community is actively discussing the prospects for the emergence of an ETF based on the popular meme coin Dogecoin. Analysts at the Wintermute trading company believe that the likelihood of approval of such a financial instrument in 2025 is quite high, despite the lack of official applications to the regulator.

Wintermute specialists note that Dogecoin is the most liquid asset among meme coins. OTC trader Jake Ostrovskis points out the semi-joking nature of the forecast, but statistics show a significant increase in the trading volumes of meme tokens among traditional financial institutions.

According to Wintermute, activity on the OTC market in the meme coin segment increased by 210% in 2024 compared to the previous period. Institutional investors prefer to make large trades through OTC platforms, avoiding the significant fees and attention of public exchanges.

Dogecoin, originally created as a parody of cryptocurrencies, gained widespread popularity thanks to the support of Elon Musk and impressive returns for early investors. The coin was even used as a means of payment for Tesla products, albeit temporarily.

Despite significant price fluctuations, DOGE maintains a leading position among meme cryptocurrencies, demonstrating an impressive market capitalization. Wintermute experts emphasize the key role of liquidity: high trading volumes and an active community increase the chances of the asset being included in ETF instruments.

According to analyst Ostrovskis, maintaining the current trading volumes of DOGE could attract the attention of serious players interested in creating a specialized ETF. Although the idea may seem unusual, it has an economic rationale, given the popularity of meme tokens in the investment community.

If the favorable regulatory climate and sustained interest in meme coins remain, large management companies like BlackRock, Fidelity or Invesco may consider launching an ETF based on Dogecoin. High liquidity and growing demand from institutional investors create the preconditions for the emergence of such a financial product on the American market.