Recently, a notable new trend has emerged in the cryptocurrency market: the rise of the DOGE ETF. This innovative financial product aims to track the price movements of DOGE, providing traditional investors with a convenient way to participate without the need to directly purchase and manage digital assets.

Several well-known asset management companies have enthusiastically submitted applications for a DOGE ETF, including industry giants like 21Shares, Bitwise, and Grayscale. Notably, the U.S. Securities and Exchange Commission (SEC) has officially begun reviewing the relevant application documents submitted by Grayscale and the New York Stock Exchange, with the review process expected to continue until October 12, 2025.

According to Polymarket's prediction data, the probability of the DOGE ETF being approved by the end of 2025 is as high as 75%. If this prediction comes true, DOGE will become the first meme coin to officially enter the mainstream financial system, which is undoubtedly a milestone event. Industry experts expect that once approved, the DOGE ETF could attract over $5 billion in institutional funds, significantly enhancing DOGE's market position and value.

At the same time, the international market is also actively laying out investment products related to DOGE. Valor Inc., a subsidiary of financial technology company DeFi Technologies, has launched the first DOGE exchange-traded product (ETP) in the Nordic region on the Spotlight stock exchange in Sweden. This move provides global investors with more diversified DOGE investment options, further expanding the investment channels for encryption.

The rise of DOGE ETF not only reflects the increasing attention of traditional financial institutions to the encryption currency market, but also signifies that digital assets are gradually integrating into the mainstream investment field. However, investors still need to cautiously assess the associated risks and closely monitor regulatory trends and market changes to make informed investment decisions.