Dogecoin once faced skepticism from the community and seemed to be just a 'joke' until its remarkable development into one of the largest memecoins in the world.
Dogecoin ETF: From Meme Coin to SEC-Approved Asset
The event of the Dogecoin Exchange-Traded Fund (ETF) being submitted to the U.S. Securities and Exchange Commission (SEC) has become a historic turning point, not only for the Dogecoin community but for the entire cryptocurrency market.
From a meme coin that started as a joke on the Internet, Dogecoin has now entered the world of traditional finance through ETF – a product that is only meant for assets considered serious.
Dogecoin ETF REX-Osprey (DOJE) and the approval process
Dogecoin ETF, with the code DOJE, was filed by REX-Osprey to the SEC. Although the SEC has conducted thorough reviews and delayed approval at many stages, the official approval of the filing has shown a significant recognition.
This is not only a signal of market development but also shows that even a meme coin like Dogecoin can become a financial asset recognized by major institutions.
Market reaction: Dogecoin explodes in value
Right after the ETF news, the price of DOGE surged from 0.21 USD to 0.3 USD. Technical indicators such as RSI, MACD, and trading volume all show optimistic sentiment and expectations for continued growth.
According to data from Alphractal, Dogecoin's STH Supply surged during the bull runs of 2017 and 2021, coinciding with the periods when DOGE prices exploded.
At the beginning of 09/2025, this index began to rise again after a period of decline, suggesting that new capital could pave the way for the next bullish cycle.
Dogecoin supply held by STH. Source: Alphractal
The flow of money from both institutional and retail investors is creating a spillover effect, reinforcing Dogecoin's position in the market.
-> Continuous price updates here: Dogecoin
Why is Wall Street interested in Dogecoin?
Unlike Bitcoin or Ethereum, which are valued by technology and long-term vision, Dogecoin attracts attention due to high liquidity, a large community, and the ability to create strong narratives.
Dogecoin ETF is not only an investment tool but also a financial product that taps into attention and Internet culture. This is the reason why large financial institutions do not want to miss the opportunity.
Meaning: Internet culture enters global finance
Dogecoin ETF opens a new era – where memes and online culture become the foundation shaping asset values. This is an important step confirming that traditional finance values not only technology but also community strength and the ability to attract capital from society.
Opportunities and risks
The fact that DOGE has an official ETF brings many benefits: increased liquidity, expanded investor base, and enhanced market position.
However, risks still exist, including strong price volatility, concentrated supply, and the FOMO mentality of retail investors. Participants need to consider carefully before making decisions.
Lessons for the crypto market
The Dogecoin ETF event shows:
Community, stories, and culture can be as important as technology.
Meme coins can become global financial assets if they attract enough attention.
Asset pricing in the new era needs to be viewed from multiple angles, not just technical factors.
Conclusion
From a joke, Dogecoin has become an officially approved ETF asset by the SEC. This is a milestone not only for DOGE but also for the entire cryptocurrency market, proving that the boundaries between traditional finance and Internet culture are increasingly blurred. Memes are no longer just a joke – they have become a part of the future of global finance.
