According to Bloomberg ETF analyst Eric Balchunas, Grayscale’s Dogecoin ETF could launch by Nov. 24, 2025. Balchunas says that he is not “100%” sure, but “based on SEC guidance, it looks good.” If a DOGE ETF is successfully launched, it will mark the first instance of a memecoin ETF in the US. Let’s discuss if a DOGE ETF will help the coin regain its momentum.

Will A Dogecoin ETF Launch Help DOGE Rally?

Dogecoin doge meme coin currency
Source: Reddit

While ETFs have played a key role in Bitcoin (BTC) and Ethereum (ETH) hitting new all-time highs, both have had starkly different paths. While BTC hit multiple peaks soon after its ETF debut in 2024, ETH took nearly a year to gain proper traction. It is unclear which trajectory Dogecoin (DOGE) will follow. Solana (SOL) also saw an ETF launch recently. However, the underlying asset did not see much movement.

Moreover, given the current market environment, financial institutions and retail investors may take a step back from risky assets. Dogecoin (DOGE), being a memecoin, carries more risk than most other crypto assets. Hence, DOGE’s price may not rally after the ETF launch.

Dogecoin (DOGE) is already facing heavy losses. According to CoinGecko data, the memecoin is down 3.1% in the last 24 hours, 11.4% in the last week, 4.3% in the 14-day charts, 16.2% over the previous month, and 58.2% since November 2024.

Dogecoin price chart
Source: CoinGecko

The crypto market is quite fragile at the moment, and a Dogecoin (DOGE) rally may not be in the cards. An ETF launch may not be enough to pull the memecoin out of its trenches.

Also Read: Dogecoin Price Ready for Lift-Off, Structure Screams 10x–33x: Analyst

However, a Dogecoin (DOGE) ETF will be a substantial milestone for not just the crypto sector, but the finance sector in general. A memecoin ETF was unheard of until now. People could join the bandwagon just from the hype.

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