Dogecoin is gaining momentum due to speculation about the launch of new crypto spot exchange-traded funds (ETFs). Bloomberg Intelligence analysts estimate a 75% probability of a Dogecoin ETF being approved, which has sparked optimism among investors. Spot ETFs, which directly hold the cryptocurrency and issue shares based on the number of tokens owned, have historically driven the prices of major cryptocurrencies. The approval of crypto ETFs has acted as a bullish catalyst in the past, leading to significant price appreciation for Bitcoin and Ethereum. The growing speculation and shifting regulatory environment make Dogecoin an attractive investment opportunity, especially if an ETF is approved.



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