The world of cryptocurrencies moves quickly, but for some reason, Dogecoin (DOGE) It remains on the sidelines of one of the most profitable developments - exchange-traded funds. Nate Geracihead of ETF Shop, is confused as to why there is no Dogecoin ETF yet. He believes this is not only a missed financial opportunity, but also the wrong marketing move for people who are hesitant to embrace the popular meme currency.

A year ago, the first Bitcoin ETF was approved, marking a new era for cryptocurrencies and bringing them to mainstream investment portfolios. Ethereum followed shortly after, earning its place as the next logical addition to the ETF scene.

Ethereum is the second-largest cryptocurrency by market cap, so entering it was pretty much a no-brainer. But what about Dogecoin? It still hangs in limbo, even though it has a very loyal culture and community.

But there is still some momentum. Just a month ago, Valor was listed #1 Dogecoin An exchange-traded product (ETP) on the Swedish Spotlight Exchange. Although an ETP is not exactly the same as an ETF, this move shows that Dogecoin is slowly becoming legitimized in the investment world. But it is not clear whether this will attract major investors.

Doji ETF 2025?

Dogecoin has a strange place in the world of cryptocurrencies. It started as a joke, but it has evolved a lot and is now one of the most popular cryptocurrencies. Its brand strength is on par with many of its more technical counterparts, but this vision has not translated into formal investment products like ETFs.

Could we see a Dogecoin ETF in the future, perhaps by 2025?

This question is becoming more important as the entire cryptocurrency ETF space changes. Geraci et al point out that it is strange that there is no Doug ETF, since the industry often talks about being innovative and market-ready.