Are We About to Have a Crypto Meltdown? Dogecoin ETF News Could Ruin Your Savings (Or Make You Ridiculously Rich)

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So, here we are again: the internet’s most beloved dog-themed coin is tripping over its oversized paws straight into Wall Street’s DMs. Apparently, Dogecoin isn’t just for tweet-happy billionaires and people who make investment decisions based on vibes. No, now Nasdaq has submitted a 19b-4 form to the SEC, as if to say, “Please, sir, may we have a little more chaos on the stock market?” 🤷‍♀️

Dogecoin ETFs: Coming Soon to a Bank Near You (Bring Your Own Champagne)

Picture this: Nasdaq, in a rather corporate power move, formally asks the U.S. government for permission to let the suits invest in the same coin that people use to tip each other for funny dog GIFs. Hot on the heels of 21Shares’ S-1 registration (which, spoiler, includes an “exclusive” partnership with the House of Doge—yes, that’s a thing), this is financial theatre at its finest.

No, the ETF isn’t live yet. The SEC still has to sit through the paperwork, maybe have a biscuit, and decide whether to approve, delay, or just ghost everyone (classic SEC). But Nasdaq’s filing is apparently the next-to-last step before Dogecoin sneaks onto Wall Street in an oversized trench coat, pretending to be serious money.

Should the SEC finally say “yes” (and possibly choke on their coffee), institutional investors will be able to buy actual shares in Dogecoin, like it’s Apple stock or something. All those hedge fund managers who claimed crypto was a fad? Get ready for them to buy in and start barking “much wow” at the water cooler.

Dogecoin at $10? Okay, Let’s Not Lose the Plot (But Hey, Stranger Things Have Happened)

So, about that $10 Dogecoin dream. Yes, it would require a market cap that makes Jeff Bezos’ net worth look like sofa change. Analysts have been pinning price targets on Dogecoin like over-caffeinated kids pinning tails on donkeys at a birthday party. Wild, yes, but let’s not forget: Bitcoin did the impossible, then got its own ETF and turned Wall Street into a meme stock casino in 2024.

Dogecoin is now lining up to replicate that energy: institutional money, starry-eyed meme lords, and a regulatory body somewhere in D.C. on its third bottle of aspirin. Will $10 happen overnight? Probably not. But the path from “isn’t this a joke?” to “wait, this is real money?” is not just open—it’s being paved in golden paw prints. (And if you’re wondering, yes, the SEC is currently juggling around 70 other crypto ETF applications. Who needs sleep anyway?) 🐕🤑

In fact, the wizards at Bloomberg are giving Dogecoin ETF approval a 75% chance by 2025. So, maybe put that retirement in Doge or don’t—I’m not your financial advisor, I’m just here for the popcorn.

Latest: Dogecoin’s at $0.174. But you already knew that. You checked before reading this, didn’t you?

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2025-04-30 23:44