Bloomberg lead analyst Eric Balchunas said in a recent interview that the idea of creating an ETF based on Dogecoin might become a reality. He noted that many thought such assets were a joke, but the crypto market continues to surprise with its adaptability and innovation. ETF Store founder Nate Geraci noted that he believes in launching the 1st such product in 2025. According to Balchunas, the question of whether the ETF on DOGE will become a breakthrough for the cryptocurrency industry is still open. However, the expert’s confidence that someone will try to realize this idea has already become a cause for discussion in the community. The analyst is sure: “Why not?”. According to him, one of the major companies will apply for launching such a fund in the nearest future. Alexander Blum, CEO of Two Prime Digital Assets, also supported the idea. He said that registration of ETF applications for DOGE is inevitable. His words sound confident: the market is ready for such experiments, given the popularity of Dogecoin among retail investors.
However, experts remind that the ETF market is highly dependent on regulatory decisions. The history with the approval of bitcoin funds shows that such initiatives can face serious obstacles. Nevertheless, Dogecoin, as an asset with a huge fan base, could attract the attention of institutional investors.
Dogecoin’s popularity outside the digital asset market is one of the main factors contributing to the discussion of its ETF. The meme cryptocurrency has long been more than just a digital asset, symbolizing mass user engagement in digital finance. If the DOGE ETF does indeed go public in 2025, it will be another step toward cryptocurrencies becoming a familiar part of the financial system. But whether this will be beneficial for all market participants, only time will tell.
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