Dogecoin ETF Approval Has Strong Chances in 2026, Will XRP, SOL, Litecoin Take Back Seat?

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Is Dogecoin the New Gold? 🐶💰

So, here we are, in the wild world of crypto, where analysts are practically throwing confetti over the prospect of a Dogecoin ETF by 2026. 🎉 According to Bloomberg’s Senior ETF strategist, Eric Balchunas, it’s not just a pipe dream; it’s a “really good chance.” I mean, who wouldn’t want to invest in a currency that’s basically a meme? 😂

In a recent post on X (formerly known as Twitter, because rebranding is all the rage), Balchunas mused about the future of crypto ETFs. He confidently declared that we’ll first be inundated with a “slew of active crypto ETFs” by Winter 2025, followed by a meme coin-only fund in 2026. Because, obviously, the world needs more ways to gamble on internet jokes. 🙄

Really good chance this exists at some point. First we’ll get slew of active crypto ETFs (eta Winter 2025). Active meme coin-only likely 2026 tho. The return dispersion (and lack of sell side coverage) ripe for active. Could produce next star manager. Who knows.

— Eric Balchunas (@EricBalchunas) June 7, 2025

Dogecoin ETF Filing Shows Regulatory Landscape Is Changing

Balchunas went on to explain that tokens left out of the 1933 Securities Act might just waltz into an active ETF. He pointed out that the Dogecoin ETF filing is a sign that the regulatory landscape is becoming friendlier—thanks, Trump! Who knew politics could be so… profitable? 😏

This year, a parade of ETF issuers, including Grayscale, Bitwise, and 21Shares, have jumped on the Dogecoin bandwagon. Osprey Funds and Rex Shares even filed with the SEC in January, seeking approval for ETFs tied to Dogecoin. Because why not? It’s not like we have enough options already! 🤑

Here’s the scoop on Dogecoin:
DOGE
$0.18
24h volatility:
0.6%
Market cap:
$27.45 B
Vol. 24h:
$841.65 M

And let’s not forget about our other contenders:
Official Trump
$10.46
24h volatility:
0.5%
Market cap:
$2.10 B
Vol. 24h:
$208.73 M

And then there’s Bonk:
BONK
$0.000016
24h volatility:
2.3%
Market cap:
$1.24 B
Vol. 24h:
$197.74 M

Earlier this year, Balchunas was feeling optimistic, placing the odds of a Dogecoin ETF approval by the end of 2025 at a whopping 75%. But hold your horses! The odds have now plummeted to 44%. Talk about a rollercoaster ride! 🎢

Meanwhile, the hype for other crypto ETFs, especially for altcoins like XRP, is skyrocketing. The Polymarket data recently suggested a staggering 98% chance of an XRP ETF approval by year-end. Because who doesn’t want to ride that wave? 🌊

Meme Coin Trading Activity Increases Likelihood for ETF

The meme coin sector is experiencing a meteoric rise in retail trading activity this year, pushing the total market cap to over $60 billion. Yes, you read that right—$60 billion! 💸

This explosive growth, driven by the top meme coin performers, could pave the way for ETF issuers to create products targeting this rapidly growing niche. Because if there’s one thing we’ve learned, it’s that people love to invest in things that make them laugh! 😂

This whole discussion gained traction on X after the Vladcoin team, a Russia-focused meme coin project, proposed the idea of an ETF that actively trades meme coins. Because why not? Let’s throw caution to the wind and invest in the next big joke! 🤪

I think there should be an ETF that actively trades meme coins — buying and selling based on performance. It would hold the promising ones and sell off the weaker ones. Basically, an actively managed meme coin ETF. @stillgray

— Vladcoin (@runews) June 7, 2025

They elaborated that such a fund would “hold the promising ones and sell off the weaker ones,” offering a dynamic approach compared to passive ETFs. Because who needs stability when you can have excitement? 🎉

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2025-06-09 19:35