Bloomberg analyst: Dogecoin ETF could be seen after Trump takes office, $1 DOGE is not a dream?

Bloomberg analyst Eric Balchunas said today that he thought that by Christmas we would see institutions apply for the issuanceDOGEcoin ETF, but he was surprised and still did not see the relevant applications, and he speculated that it may not be until Trump/new SEC chairman Paul Atkins officially takes power. (Synopsis: The first DOGEcoin ETP fund is here!) Listed on the Swedish stock exchange, DOGEMarket Cap exceeded $61 billion, surpassing Mercedes-Benz and Porsche. Arthur Hayes: The DOGEcoinSpot ETF is expected to launch this cycle!) VanEck is an important enabler? In 2024, we ushered in a major milestone in the approval of BTC and Etherfang's Spot ETF in the United States, with Trump officially elected, the US Securities and Exchange Commission (SEC) is expected to be dominated by friendly officials, and many experts believe that more cryptocurrency ETFs will be approved by the SEC next year, the most promising of which include SOL, XRP、LTC… and other related ETFs. So in 2025 will we see the king of memes DOGECOIN (DOGE) ETF listed in the US? Recently, this topic has sparked discussion among ETF experts in the community. Experts wonder why no one has applied for the DOGEcoin ETF Today (23), Nate Geraci, president of The ETF Store, tweeted to express her doubts that there is still no ETF issuance to apply for the DOGEcoin ETF. Shockingly, ETF issuance people have not yet applied for the DOGEcoin ETF... What are the disadvantages? The worst-case scenario is that it's a marketing expense. I want to know who the "DOGE" ticker symbol will go to. Eric Balchunas, senior ETF analyst at Bloomberg, agreed, stating: Agreed. I thought we'd see people apply for Christmas. Perhaps until new Trump/SEC Chairman Paul Atkins officially takes power. Read more: The next cryptocurrency ETF is not SOL? Bloomberg analysts: HBAR, LTC are expected to be on Agree next year. Thought by Xmas we’d see someone file. Maybe waiting til Atkins/Trump officially in charge. If I’m Vegas my favorite on reserver of $DOGE ticker is Venuto. That said Tuttle is my fav to file for the ETF. — Eric Balchunas (@EricBalchunas) December 23, 2024 Are DOGEcoin ETFs Likely to Go Public? It's worth noting that while some analysts aren't bullish on the approval of the DOGEcoin ETF because Wall Street institutions prefer assets that aren't born as memes, Bloomberg analyst Eric Balchunas believes we'll finally see the DOGE ETF, commenting at the end of November: Today's irony is tomorrow's ETF. You can ask yourself if the DOGE ETF is far away. I would say we're going to see the DOGE ETF, and I think somebody will try it, because why not? Alexander Blume, CEO of Two Prime Digital Assets, pointed out that there will definitely be institutions applying for the issuanceDOGEcoin ETF. With the huge success of BTC ETFs, entrepreneurial finance firms will seek to create any product that is likely to be successful. Now, whether they will be approved is another matter. DOGEcoin may have a hard time proving that it is a fair market because of the high concentration of its coin holdings. However, I do think that the incoming SEC management will be more lenient overall, so the DOGE ETF may be approved sooner than we expect. Now that the world's first DOGEcoin-related ETP fund has been listed in Sweden, Issuance merchant Valor is optimistic that the recent election results in the United States will further catalyze the market demand for DOGEcoin, thus providing Nordic investors with the opportunity to invest in DOGEcoin. Read more: The first DOGEcoin ETP fund is here! Listed on the Swedish stock exchange, DOGEMarket Cap exceeded $61 billion, surpassing Mercedes-Benz and Porsche. DOGE big dump 30% in the past 2 weeks In terms of coin price, after Trump was elected and a big brother Musk jointly took charge of the DOGE Government Efficiency Department, DOGECOIN followed the "chicken dog ascended to the sky", singing all the way from less than $0.2 before the election, rushing to $0.475 in early December, but recently it has obviously fallen back, with a fall of nearly 30% in the past 14 days, and once flashed to $0.267 on the 20th, and the writing is currently reported at $0.317, nearly 24 3% on the hour. If the DOGEcoin ETF does get approved for listing in the U.S. in the future, it is expected to attract significant inflows, its coin price is likely to challenge the all-time high of $1, and it may also increase the interest of more institutions to apply for the meme coin ETF. Source: CoinGecko Related reports The scale of US BTCETF officially surpassed gold ETFs, subverting gold's 20-year dominance ETH hit $4100, the highest in 3 years! Analyst: Next year is expected to break $5000, Etherfang ETF open stake is the key VanEck 2025 Top 10 predictions: BTC will reach a mid-term peak in Q1 next year, SolanaSpot ETF approved, DeFi hit a new high. Arthur Hayes: 250,000 magnesium by the end of BTC2025! DOGEEcoin looks at $1 [Bloomberg analyst: Trump is expected to see DOGEcoin ETF after taking office, DOGE a dollar is not a dream? This article was first published in BlockTempo "Dynamic Trend - The Most Influential Block Chain News Media".