US Getting First Spot-Based Meme Coin ETF
Analysis
Price Impact
HighThe launch of the first traditional spot dogecoin etf by grayscale is a significant milestone, indicating a major regulatory shift in the u.s. towards broader acceptance of cryptocurrencies, even meme coins. this could open doors for institutional investment.
Trustworthiness
HighThe information is based on analysis from a reputable etf analyst, nate geraci, and concerns grayscale, a major player in crypto asset management. the article also mentions other prominent firms in the spot dogecoin etf race.
Price Direction
BullishA spot etf significantly increases accessibility and legitimacy for institutional and mainstream investors, potentially attracting substantial capital inflows into dogecoin. regulatory approval for a meme coin like doge signals a maturing market and positive sentiment.
Time Effect
LongWhile there might be an immediate short-term pump, the primary effect of an etf is sustained access and legitimacy for institutional investors, leading to potential long-term capital inflow and more stable, gradual price appreciation.
Original Article:
Article Content:
Cover image via U.Today Read U.TODAY on Google News According to ETF analyst Nate Geraci, cryptocurrency asset manager Grayscale is on track to launch the very first traditional spot Dogecoin ETF on Monday. Advertisement Geraci has opined that the launch of the ETF product, which might seem facetious at first glance, is actually highly symbolic. The SEC, which used to be hostile toward the broader industry, is now openly embracing the cryptocurrency that is mostly perceived as a joke due to its meme origins. HOT Stories Ripple Executive Reacts to BlackRock’s First Abu Dhabi Board Meeting Strategy (MSTR) Having Second-Worst Month Since Buying Bitcoin Morning Crypto Report: Dogecoin and SHIB 'Santa Rally' Ready? XRP May Hit $5 Thanks to ETF Launch, Bitcoin Bulls Win Back $37 Million Cardano Founder Refutes Narrative About 'Vibe Coding' Halting Network The analyst believes that this should be viewed as the best example of a tremendous regulatory shift in the U.S. Advertisement You Might Also Like Fri, 11/21/2025 - 16:02 Dogecoin Appears on Wall Street: Details By Tomiwabold Olajide However, it should be noted that Dogecoin is still the 10th biggest cryptocurrency by market capitalization despite its meme coin status. According to CoinGecko, it currently has a market cap of $22.3 billion. Other Dogecoin ETF proposals REX Financial and Osprey Funds were the first issuers in the U.S. to launch a quasi-spot Dogecoin ETF. Their product began trading under the "DOJE" ticker on Sept. 18. However, it does not offer pure spot exposure, which is why Grayscale's upcoming launch is currently being treated as a rather big milestone. Bitwise and 21Shares are also in the spot Dogecoin ETF race. The latter partnered with the Dogecoin Foundation / House of Doge for this fund. #Dogecoin News #ETF