In a move that proves even memes can wear suits, 21Shares’ Spot DOGE ETF has waltzed onto the DTCC stage while analysts whisper sweet nothings about price surges into Dogecoin‘s fluffy ears.
Ah, the theater of finance! Where else could one witness such a delightful spectacle as a cryptocurrency born from an internet joke now rubbing elbows with the staid institutions of Wall Street? The DTCC, that most proper of financial chaperones, has extended an invitation to 21Shares’ proposed DOGE ETF (ticker: TDOG – because of course it is). Though the SEC remains the stern schoolmaster still deciding whether to grant this particular pup permission to play.
The DTCC Listing: Much Ado About Something?
The listing is rather like seeing a jester at a royal banquet – amusing, but will he be allowed to stay for dessert? While the financial world clutches its pearls, let us remember that this bureaucratic tango must still navigate the SEC’s labyrinthine approval process. Coinbase Custody Trust stands ready as the designated dog-sitter, proving that even in crypto, someone must hold the leash.
The SEC’s Never-Ending Tea Party
The SEC continues its grand tradition of moving at the speed of continental drift, having extended its review period with all the urgency of a sloth practicing meditation. Bitwise’s DOGE ETF filing won’t see daylight until November 2025 – by which time we’ll all presumably be trading NFTs of our memories on the blockchain.
Yet hope springs eternal! Once approved, this ETF will allow investors to speculate on Dogecoin without the messy business of actually understanding cryptocurrency – the true American dream.
Analysts Predict: Experts or Soothsayers?
Our dear crypto analysts, those modern-day oracles reading tea leaves in blockchain form, have become positively giddy with predictions:
“Dogecoin ready to bounce as the TD flashes buy signal!”
– Ali (@ali_charts), presumably while wearing a very serious expression
The plot thickens! CleanCore Solutions has purchased another 100 million DOGE tokens, proving that institutional interest in Dogecoin now rivals that of actual dogs chasing actual coins. Meanwhile, Elon Musk’s lawyer Alex Spiro is cooking up a Dogecoin treasury company – because what could possibly go wrong when lawyers start managing meme currencies?
“- final bullish retest before $1”
– Mags (@thescalpingpro), moments before the market did something entirely different
Will Dogecoin reach the mythical $1 mark? Will the SEC approve the ETF? Will any of this make sense in retrospect? These are the questions that keep crypto enthusiasts awake at night – that, and the sudden urge to check their portfolios at 3 AM.
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2025-09-24 06:50