Dogecoin ETF news is heating up again. Asset manager 21Shares has officially filed an S-1 form with the U.S. Securities and Exchange Commission (SEC) to launch a spot Dogecoin ETF, marking a major move in meme coin adoption.
This makes 21Shares the third major player, alongside Grayscale and Bitwise, to enter the race for a DOGE-based exchange-traded fund.
DOGE Price Rebounds as ETF Buzz Builds
The timing couldn’t be better. Dogecoin’s price recently bounced back after dipping as low as $0.14. This ETF filing added fuel to the recovery, boosting market optimism.
In parallel, 21Shares also launched a Dogecoin ETP on Switzerland’s SIX Exchange, in partnership with House of Doge. If the SEC greenlights the U.S. ETF, the two groups will join forces again to market the fund.
According to the prospectus, Coinbase will act as the custodian for the ETF, holding the DOGE on behalf of institutional investors. This move could provide new onramps for large-scale capital to flow into Dogecoin.
Institutional Access Could Spark Adoption
The proposed ETF is designed to give institutions easy access to Dogecoin exposure without directly holding the token. That’s a big deal.
A regulated ETF could attract new capital inflows, boost credibility, and increase Dogecoin’s appeal to mainstream investors. As more large funds look to diversify into crypto, DOGE may finally shed some of its “meme-only” reputation.
Analysts Spot Bullish Divergence for DOGE
Amid the ETF excitement, crypto analyst Kevin Capital highlighted a bullish divergence on Dogecoin’s daily chart. While the price recovery was largely triggered by macro factors—namely Trump’s 90-day tariff pause—technical indicators had already hinted at a possible upward shift.
But the question remains: Is this a bullish breakout or just a bear trap?
Another analyst, Master Kebobi, thinks the bottom is in. He predicts Dogecoin could rally toward the long-anticipated $1 milestone in the coming months. Time will tell if DOGE can ride the ETF wave all the way to the top.
