Dogecoin (DOGE) has once again broken through the $0.41 mark. Previously, there were rumors that an ETF would be launched by the end of the year. Market - maker Wintermute has called for the launch of an ETF based on meme tokens and has placed bets on DOGE.

Wintermute, one of the top market - makers for meme tokens, stated that a Dogecoin (DOGE) ETF might be in the works for 2025. The rise of meme tokens has replaced more established altcoins. With the entry of institutions, Wintermute anticipates that memes will receive sufficient attention, and an ETF will be established around one of the top assets, as per its 2025 Outlook Report.

 

 

Following the recent market rally, the potential for more DOGE exposure and mainstream investment has boosted the coin. DOGE broke through $0.41, approaching the highest range in the past month. With the expansion of cryptocurrency adoption in 2025, meme coins have reignited the expectation of a rebound to $1.

 

For Wintermute, DOGE is the most likely candidate because of the coin's traditional status and liquidity. DOGE is still grouped with newer memes and accounts for over 53% of the ecosystem.

 

Although ShibaInu (SHIB) is also influential, Wintermute believes that DOGE will be the asset for the new fund. Wintermute has always been bullish on memes and has become a market - maker for both well - known tokens and those just starting out. However, it is known that the Wintermute wallet does not own any dogs.

 

Wintermute predicts that by 2025, mainstream finance will discover more tools to tap into cryptocurrency yields while limiting volatility. The market - maker expects that more ETF products will be launched in 2025, providing more exposure for mainstream investors.

 

After the success of single - coin ETFs focusing on BTC and ETH, Wintermute forecasts multi - asset products for a wider range of cryptocurrencies and token baskets. Some ETF products may start to track market trends, including memes.

 

DOGE is already an asset under consideration. Grayscale does not limit fund issuers to a specific deadline for creating products. While DOGE is widely available to mainstream buyers, an ETF could significantly increase new investments. Grayscale also mentioned DOGE in its recent report on the top ten appreciating assets in the past week. DOGE followed closely behind XRP and Cardano (ADA) as buyers accumulated tokens that were believed to be on the verge of a larger breakthrough.

 

If Litecoin (LTC) also joins mainstream funds, DOGE may be more likely to become an ETF. DOGE is still mined through the Litecoin blockchain, making it one of the safest meme coins.

 

In the short term, DOGE is on the rise as whales regain interest. In the past, due to the asset's appreciation potential, large - scale buyers have stepped in to snap up more DOGE.