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Dogecoin Price To $10? Why The 21Shares ETF Filing Could Signal Good Things To Come

  • Nasdaq has submitted a 19b-4 form to the SEC seeking approval to list and trade shares of the 21Shares Dogecoin ETF, signaling a potential shift in the Dogecoin market.
  • The ETF, if approved, would allow institutional investors to invest in Dogecoin through a regulated financial product, potentially leading to increased capital flows.
  • The possibility of Dogecoin reaching $10 is not far-fetched anymore due to a growing momentum around a Dogecoin ETF and rising institutional interest.
  • The SEC is reviewing multiple filings for the listing of Spot Dogecoin ETFs, with analysts estimating a 75% chance of approval for a DOGE ETF in 2025.

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