Dogecoin ETF Countdown: Bitwise Filing Marks a Major Milestone

Dogecoin has always been in the headlines for its viral meme, celebrity endorsement, and speculative price spikes. But this time, it is gaining attention for a very different reason. Bitwise Asset Management is taking a step forward to launch the first U.S. spot DOGE exchange-traded fund (ETF).

It all started with a regulatory filing by Bitwise on November 7, which opened a 20-day window to make the DOGE ETF a reality. Traders are closely watching this development to decide their next move.

The DOGE ETF approval is still due, but it has ignited noticeable shifts in Dogecoin price prediction and overall trading dynamics. 

DOGE is getting closer to a major milestone that other memecoins can only dream of. What started as a meme coin is now going to become a major asset in the crypto market. 

Bitwise Asset Management has submitted a Section 8(a) filing on November 7 to bring the DOGE ETF to the U.S. This filing triggers a 20-day countdown during which the SEC can either remain silent, allowing the ETF to automatically become effective, or step in to delay or block the launch.

If the SEC takes no action, the DOGE ETF could debut before the end of November. This major development will give investors regulated access to Dogecoin through traditional brokerage accounts. They won’t need to buy and store the asset through crypto exchanges.

Dogecoin ETF news has already begun to influence its trading prices. Although DOGE's price has been volatile over the past few weeks, it is currently trading at $0.18, up 4.89% in the last 24 hours. This shift in momentum is a clear indication that buyers are holding strong but still wait to see if the ETF gets approved.

However, some traders are buying early, hoping an ETF approval will bring new money and push DOGE higher. Meanwhile, bigger holders have been selling during small price increases, keeping the price capped near $0.19–$0.20. If the momentum continues, DOGE could break above $0.23, triggering a bullish rally.

With futures and spot volume rising, the market is preparing for a larger move. If momentum builds, traders are eyeing key upside levels: a short-term target of $0.29 and a long-term target of $1. However, ETF approval is the major catalyst that will determine how quickly Dogecoin moves toward these targets.

Some investors are still hesitant to interact directly with crypto, especially when it comes to meme coins. But Dogecoin ETF approval would open new doors to investors who prefer regulated products and familiar account structures. 

The Dogecoin ETF launch will make the on-chain transfers as simple as buying a stock. Similarly, Institutional investors who were restricted from holding raw crypto would gain a compliant pathway into the asset. This would be a major milestone for a meme coin, as institutional flows can dramatically shift market liquidity and reduce trading volatility over time.

If DOGE ETF launches, it can boost DOGE’s market position. It will increase the asset's credibility and trust.  It will no longer be viewed as a mere meme coin but as a regulated investment product. Dogecoin ETF approval can significantly change how the market sees it. 

Moreover, the ETF launch can bring in steady liquidity as larger investors take positions, leading to smoother price action and fewer wild swings. That’s not it. Through ETF approval, DOGE's reach can go beyond the crypto market, bringing in  major brokers, institutional whales, and big investors.

Even though Dogecoin ETF speculation has created excitement among traders, nothing is guaranteed yet. The SEC can still step in before the 20-day window ends, which could delay or even block the launch. Regulatory decisions on crypto have been unpredictable in the past so the situation could change quickly.

Furthermore, ETF approval may bring liquidity, but it won’t completely remove the price swings that come with speculative trading. If expectations get too high, DOGE can experience a sharp pullback.

As the crypto market is experiencing a major shift with Dogecoin ETF speculations, another project is gaining traders’ attention. It's none other than BlockDAG (BDAG), which has redefined the presale success in the crypto market. The project is currently in presale and has raised over $435M with more than 312K global holders.

The presale success is not the only factor contributing to growing market excitement. Its unique DAG-based structure enables the network to process multiple transactions simultaneously. This parallel processing makes it far faster and more efficient than standard blockchains that rely on single-block processing.

BlockDAG is not just solving the bottlenecks of traditional blockchain, but also building a community of active miners who help keep the network alive. Through its X1 crypto mining app, BlockDAG has made mining easy and accessible to everyone. So, it eliminates the need for costly mining equipment. 

As the crypto market prepares for its next wave of innovation, BlockDAG is actively playing its part in shaping the future of digital infrastructure through its DAG technology and growing community.