The price of Dogecoin could increase by over ten-fold if it attracts just 10% of the inflows seen by Bitcoin ETFs, according to analysts. As asset managers explore ETF options for cryptocurrencies, Dogecoin has emerged as a top candidate, with filings being made for a Dogecoin ETF by companies like Bitwise, REX Advisers, and Osprey Funds. These filings reflect a broader trend in the industry towards diversified crypto investment products. The Polymarket probability of a Dogecoin ETF receiving approval in 2025 rose to 53% following these developments. If approved, analysts predict that Dogecoin could see similar success as Bitcoin and Ethereum, but this remains to be seen. The potential capital inflows into Dogecoin through ETFs could have positive implications for its price, with one estimate suggesting a 9.4x increase in price if it attains 10% of the cumulative Bitcoin ETF inflows. However, it is important to consider that the approval of Dogecoin ETFs may not have the same impact on price.
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