Franklin Templeton’s Latest Filing Reveals Major Dogecoin Move
Franklin Templeton just made a major Dogecoin move with its latest filing—and it's got the crypto world buzzing.
The asset management giant, known for its traditional finance roots, is diving deeper into the meme coin pool. This isn't a toe-dip. It's a cannonball.
From Meme to Mainstream
The filing signals a strategic pivot. Franklin Templeton isn't just watching from the sidelines anymore. They're building a position, adding Dogecoin exposure to one of their flagship digital asset funds.
Think about that. A firm managing trillions is allocating real capital to the joke-turned-juggernaut. It's a validation that cuts through the noise, bypassing the usual skepticism from Wall Street's old guard.
The Institutional Stamp
This move does more than move markets. It reshapes the narrative. Dogecoin, born from an internet meme, is now part of a major institution's playbook. The filing details the mechanics—the how and the how much—laying bare a calculated bet on DOGE's longevity.
It's a classic finance maneuver: wait for the asset to prove itself, let the early adopters take the wild volatility, then step in with scale when the infrastructure is built. Some might call that smart risk management. Others, a cynical but profitable lagging indicator.
The signal is clear. The lines between traditional finance and crypto are not just blurring—they're being redrawn. And sometimes, the new blueprint includes a Shiba Inu.
Franklin Templeton Expands Into A Wider Multi-Asset ETF
The success of Bitcoin and ethereum ETFs has encouraged major institutions to look beyond the top two cryptocurrencies and build products that cover a wider range of well-known digital assets. Franklin Templeton’s latest move follows that trend by reshaping its Franklin Crypto Index ETF into a more expansive portfolio that includes several leading altcoins, Dogecoin among them.
The revised structure takes effect on December 1 and shifts the ETF to a design that reflects the broader market rather than a two-asset concentration. Franklin Templeton acknowledged this change through an announcement on X, presenting an updated token lineup that now spans everything from large market-cap cryptocurrencies like Cardano, Solana, and XRP.
Even within that group, Dogecoin stands out, stepping further away from its reputation as a meme-based cryptocurrency and moving into a more institutionally recognized role.
Dogecoin Steps Into New Phase Of Institutional Exposure
Dogecoin’s inclusion in Franklin Templeton’s expanded ETF comes at a moment when the token is already experiencing increased attention from traditional finance. The first batch of Spot dogecoin ETFs has only recently entered the market, and this is a milestone that would have been unthinkable a few years ago.
Grayscale was the first major issuer out of the gate with its GDOG product, followed shortly after by Bitwise, which launched its own Dogecoin ETF at the request of its community.
Early trading activity for these funds has been modest compared to the spectacular debuts once seen with Bitcoin and Ethereum ETFs, but it is still too early to tell, as the market might still be determining how much institutional interest exists for a meme-origin asset wrapped in a regulated structure.
Several other issuers have filings in progress and are preparing for their own Dogecoin products to go live. Some are positioning themselves carefully to see how the first batch of ETFs performs. According to Bloomberg Senior ETF analyst Eric Balchunas, there are likely about 100 crypto-based ETFs waiting to be launched in the next six months.
