Doge ETF Nears Approval: Bitwise Filing Update Sparks Bullish Momentum
The meme coin that refused to die just got a Wall Street glow-up.
Bitwise’s amended filing for a Dogecoin ETF signals institutional claws are sinking deeper into crypto’s most unlikely success story. While purists scoff, the numbers don’t lie—retail’s favorite joke asset keeps dodging ‘imminent demise’ predictions like a Shiba Inu dodging bath time.
Regulatory hurdles? Sure. Volatility? Obviously. But with Grayscale’s Bitcoin ETF precedent and Coinbase’s custody muscle in play, the ‘people’s crypto’ might just bypass the suits and land a NYSE ticker. Just don’t tell the SEC it’s backed by an Elon tweet and infinite inflation.
Closing thought: If Doge gets an ETF before XRP, we’ll finally have proof markets are 100% meme-driven. Place your bets—the house always wins.