Doge ETFs Are Coming! The SEC Is Tentatively Noticing Them Now

by

Dogecoin ETF Race Gets Real — Probably Around the Corner, Maybe Next Year, Who Knows? 🐶🚀

In a move that could only be described as “well, it’s about time,” the illustrious US Securities and Exchange Commission (SEC) has finally *kind of* acknowledged the existence of 21Shares’ bold venture into the brave new world of Dogecoin exchange-traded funds. Yes, dear reader, after much speculation, the SEC has blurted out a formal “We’ve Seen the Filing” notice, sparking hope, confusion, and perhaps a cautious chin scratch among investors and meme enthusiasts alike.

SEC Looks at Nasdaq’s Doge Dreams — Eyeing the Meme Coin Gold

On May 13, 2025, the SEC did what it often does when faced with a newfangled cryptocurrency concept: they acknowledged the filing. This means they’ve handed over the proposal to their highly trained team of financial gatekeepers—and by “team,” we mean a bunch of folks with very serious faces and very little patience for memes. But don’t pop the champagne just yet; this doesn’t mean approval. Oh no, it merely kicks off a lengthy, possibly endless, 240-day review process. The date for a final answer—and the potential economic whirlwind—could be as far out as January 9, 2026. So, sit tight, or perhaps bend over and prepare for a wild ride.

The Swiss firm 21Shares, known for their daring stunts in asset management, filed to launch a Dogecoin ETF on April 9, with a little help from the House of Doge—yes, that’s a thing—that’s somehow more official than some actual houses. This ETF, if approved, would just hold actual DOGE, tracking the meme coin’s price without leveraging derivatives or complicated financial acrobatics. Coinbase Custody Trust has kindly agreed to babysit the tokens—probably to keep them safe from overly excited retail investors with shaky hands.

Crypto’s New Attitude: Now a Bit More Like a Meme, Maybe an ETF

Company executives are feeling a tad more optimistic these days, thanks to the new leadership under SEC Chair Paul Atkins—who might be the first regulator to answer “Yes” to the question “Can we actually make money here?” The Trump administration (not to be confused with the Trump coin) has allegedly transitioned into a more crypto-friendly stance, dismissing nasty regulatory cases and chatting up crypto companies like it’s a hobby. This helpful attitude shift might give the Doge ETF a real shot—like a Shiba Inu jumping through hoops, all hopeful and floppy-eared.

Meanwhile, other brave asset managers are also throwing their hats into the meme coin ring, with brands like Bitwise, REX, Osprey, and a delightful smorgasbord of tokens including $TRUMP and BONK attempting to catch the ETH — I mean, the wave. As of mid-May 2025, the SEC is reviewing applications from these brave contenders. Industry analysts estimate a 63-75% chance these ETFs will see the light of day this year—so maybe, just maybe, your dog-themed financial fantasies are about to come true.

Read More

2025-05-17 04:15