
Dogecoin (DOGE), the world’s most popular meme coin, is on the verge of achieving what no other meme coin has done before: the launch of a Dogecoin ETF (Exchange-Traded Fund).
According to industry expert Nate Geraci, approval for the ETF looks imminent, with the next two months expected to be crucial for crypto-based funds. Behind the product is Rex-Osprey, which filed earlier this year under the ticker DOJE. If approved, it would mark Dogecoin’s entry into Wall Street-style investment products joining the ranks of Bitcoin and Ethereum.
Inside the Dogecoin ETF Structure
The proposed Dogecoin ETF will directly hold DOGE while also utilizing futures and swaps to manage exposure. Its mandate requires at least 80% of net assets to remain tied to Dogecoin, ensuring direct backing of the meme coin.
Unlike traditional single-asset ETFs, the fund’s managers have flexibility to allocate a portion into other crypto ETFs if needed. This hybrid structure mirrors aspects of existing BTC and ETH funds but is unprecedented for a meme coin.
Dogecoin Price Analysis Ahead of ETF Buzz
The ETF news comes as Dogecoin’s price consolidates near key levels. Currently trading around $0.228 after a 6% daily push, DOGE is testing a descending trendline. The RSI sits at 55, showing moderate strength without being overbought.
Chart watchers note a wedge formation building, with breakout targets at $0.25 and $0.30, while $0.20 remains the critical support. With the ETF narrative gaining momentum, the setup resembles a textbook squeeze, potentially setting the stage for a sharp breakout.
From Joke Token to Wall Street
Whether the DOJE ETF attracts inflows on the scale of Bitcoin and Ethereum remains to be seen. However, the approval itself would be a watershed moment for meme coins, legitimizing Dogecoin as an investable asset within mainstream financial markets.
What began as a lighthearted cryptocurrency experiment now stands at the doorstep of Wall Street adoption. For Dogecoin, the launch of an ETF could represent its most remarkable milestone yet, bridging the gap between meme culture and institutional finance.
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