TechFlow news, November 30 — According to The Block, Bitcoin and Ethereum ETFs achieved historic success in 2024, prompting the market to begin considering the possibility of a Dogecoin ETF.
Nate Geraci, president of ETF Store, said: "I think under the new administration, everything is on the table. I hope the new government acts quickly to clarify which crypto assets are securities and which are not. Once that framework is in place, the approval path for other spot crypto ETFs should become much clearer."
Cryptocurrency analyst Louis Sykes said: "I'm very confident we'll see Solana ETF trading in the first half of 2025, but the likelihood for DOGE is far smaller. Wall Street prefers assets that weren't born as memes."
Eric Balchunas, senior ETF analyst at Bloomberg, said: "Today's irony is tomorrow's ETF. You can ask yourself—how far-fetched is a DOGE ETF really? I'd say we will see a DOGE ETF; I think someone will try it, because why not?"
Alexander Blume, CEO of Two Prime Digital Assets, said: "DOGE ETF filings will definitely happen. Given the massive success of BTC ETFs, entrepreneurial financial firms will seek to create any product that could potentially succeed."
