Dogecoin ETF Will Trigger Violent Rally for DOGE, Traders Find Best Platform to Trade it With AI

Bitwise, which has previously launched six crypto-focused ETFs, its registration for the “Bitwise Dogecoin ETF” with Delaware’s Division of Corporations this week. 

This application comes amidst a more favorable regulatory environment under the current Trump administration, which has shown a supportive stance toward cryptocurrencies.

The excitement surrounding the potential Dogecoin ETF is palpable. Market prediction site Polymarket estimates a 48% chance of SEC approval for the ETF this year, indicating shifting dynamics in regulatory attitudes. 

Lately, DOGE’s value has risen about 10% in the last month, recapturing the significant $0.36 level that had been a barrier in previous weeks, further supported by the recent Dogecoin ETF submission.

Market analyst Ali Martinez has that if the Dogecoin ETF gets approved, investors might see a dramatic price surge, potentially elevating DOGE to unprecedented levels of $15—a remarkable increase of over 4,000%.