The cryptocurrency world witnessed groundbreaking progress in 2024 with the approval and success of Bitcoin and Ethereum ETFs.

隨著比特幣和以太幣 ETF 的批准和成功，加密貨幣世界在 2024 年見證了突破性進展。

As the United States embraces a pro-crypto administration under President-elect Donald Trump, speculation is growing about the potential launch of a Dogecoin ETF in 2025.

隨著美國當選總統唐納德·川普 (Donald Trump) 領導下的支持加密貨幣的政府，關於 2025 年可能推出狗狗幣 ETF 的猜測越來越多。

“I think everything is on the table under the new administration,” ETF Store President Nate Geraci said in an interview. President-elect Trump has declared a vision to position America as the “Bitcoin capital of the world.” To further this agenda, Trump announced the creation of the Department of Government Efficiency (DOGE), a nod to Dogecoin, led by Dogecoin fan Elon Musk.

ETF Store 總裁 Nate Geraci 在接受采訪時表示：“我認為在新政府的領導下，一切都已擺在桌面上。”當選總統川普宣布了將美國定位為「世界比特幣之都」的願景。為了推進這項議程，川普宣布成立政府效率部（DOGE），這是對狗狗幣的認可，由狗狗幣粉絲馬斯克領導。

Geraci noted that regulatory clarity is key to advancing more crypto ETFs. “The hope is that the new administration will move quickly to determine which crypto assets are securities and which are not,” he explained. “Once this framework is in place, the approval path for additional spot crypto ETFs will become much clearer.”

Geraci 指出，監管清晰度是推進更多加密 ETF 的關鍵。 「希望新政府能夠迅速採取行動，確定哪些加密資產是證券，哪些不是，」他解釋道。 “一旦這個框架到位，更多現貨加密 ETF 的批准路徑將變得更加清晰。”

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相關新聞：比特幣有槓桿過度累積的危險：但有必要恐慌嗎？

While the focus has shifted to the broader crypto ETF landscape, recent developments suggest that a Solana ETF could launch before any Dogecoin funds. The Cboe BZX exchange has already filed four applications for spot Solana ETFs, with analysts predicting approval as early as mid-2025.

雖然焦點已轉移到更廣泛的加密 ETF 領域，但最近的事態發展表明 Solana ETF 可能會先於任何狗狗幣基金推出。 Cboe BZX 交易所已提交四份 Solana ETF 現貨申請，分析師預計最快將於 2025 年中期獲得批准。

“I’m pretty confident we’ll see a Solana ETF trading in the first half of 2025,” said Louis Sykes, crypto analyst at All-Star Charts. “DOGE is much less likely…let’s just say Wall Street prefers assets that weren’t born as a memecoin.”

All-Star Charts 的加密貨幣分析師 Louis Sykes 表示：“我非常有信心我們將在 2025 年上半年看到 Solana ETF 交易。” “DOGE 的可能性要小得多……可以說，華爾街更喜歡那些並非作為模因幣誕生的資產。”

“Today’s humor is tomorrow’s ETF,” said Eric Balchunas, Bloomberg’s senior ETF analyst. “You can ask yourself, ‘Is DOGE a long shot?’ and I would say we’ll see. I think someone will try it because why not?”

彭博社高級 ETF 分析師 Eric Balchunas 表示：“今天的幽默就是明天的 ETF。” 「你可以問自己，『DOGE 的可能性大嗎？』我想說我們拭目以待。我認為有人會嘗試，因為為什麼不呢？

Alexander Blume, CEO of Two Prime Digital Assets, agrees that Dogecoin ETF applications are inevitable. “With the phenomenal success of BTC ETFs, venture capital firms will look to create any product that can be successful,” Blume said. However, he warned that highly concentrated holders of Dogecoin could create difficulties in proving a fair market.

Two Prime Digital Assets 執行長 Alexander Blume 也同意狗狗幣 ETF 的應用是不可避免的。布魯姆表示：“隨著 BTC ETF 的巨大成功，風險投資公司將尋求創造任何能夠成功的產品。”然而，他警告說，高度集中的狗狗幣持有者可能會給證明公平市場帶來困難。

*This is not investment advice.
Continue Reading: Speculation Grows: Will There Be Dogecoin (DOGE) Spot ETF Approval in 2025?

*這不是投資建議。繼續閱讀：投機成長：狗狗幣 (DOGE) 現貨 ETF 會在 2025 年獲得批准嗎？