Will Dogecoin ETF Push DOGE to $15? Here’s What Could Happen in 2025

Dogecoin is stealing the spotlight again! Bitwise Asset Management has registered an entity named “BITWISE DOGECOIN ETF” in Delaware, sparking speculation about an upcoming SEC filing. While not an official ETF application yet, this move could pave the way for Dogecoin to join the ranks of Bitcoin and Ethereum in the ETF space. 

The excitement around Dogecoin has only grown after its logo appeared on the newly launched U.S. Department of Government Efficiency (D.O.G.E.) website. Established by executive order on January 20, 2025, this unexpected shout-out to the meme coin has caught the attention of investors and fueled further interest in DOGE.

Bitwise Makes a Move

Bitwise’s registration is a significant move toward filing a Form S-1 with the SEC. Bloomberg ETF analyst Eric Balchunas confirmed the legitimacy of this action, suggesting that a Dogecoin ETF could launch as early as April 2025, if approved. Nate Geraci, president of the ETF Store, expressed surprise that no one had pursued a Dogecoin ETF sooner.

The SEC’s recent approval of Bitcoin and Ethereum ETFs indicates a growing openness to crypto-focused investment products. With former SEC Chair Gary Gensler stepping down, many are optimistic about the approval of spot ETFs, including Dogecoin.

President Trump’s continued promotion of crypto-friendly policies adds to the hope, but SEC approval remains the key to unlocking this potential.

DOGE Market Sentiment

After the news broke, Dogecoin’s price jumped 4%, reaching $0.373 before settling around $0.36. Whale activity also surged, with major holders buying up 590 million DOGE tokens within just 24 hours. These wallets now control a massive 47.7 billion DOGE—about 30% of the total supply. While this suggests strong confidence in DOGE’s future, it also raises concerns about potential volatility if whales decide to sell.

Crypto analysts are buzzing about Dogecoin’s potential. Trader Mikybull has spotted a bullish flag pattern that could push DOGE to $2 if it plays out. Meanwhile, Ali Martinez has set a bold price target of $15 if the SEC approves a Dogecoin ETF sooner than expected.

Why This Could Be a Goldmine for Investors

With all the talk of a possible ETF, DOGE is looking more appealing to retail investors. Cryptocurrencies priced under $1, like Dogecoin, are seen as prime opportunities for big profits. If the SEC approves these low-cap assets, investors could see impressive returns in a short time.

With whales buying large amounts of DOGE, analysts predicting significant gains, and Bitwise paving the way for an ETF, Dogecoin could be on the verge of a major breakout. The combination of market momentum and potential SEC approval makes Dogecoin one to watch in the crypto space.