Dogecoin Spot ETF Shows Increased Probability of Approval

Dogecoin斑点ETF显示出批准的可能性增加

Betting markets indicate a significant surge in the likelihood of a spot Dogecoin (DOGE) ETF being approved. Polymarket data reveals a 74% chance of approval by the end of 2025, a remarkable 37% increase since Donald Trump's inauguration.

投注市场表明，获得批准的狗齿（Doge）ETF的可能性大幅增长。 Polymarket数据显示，到2025年底，批准的机会有74％，自唐纳德·特朗普就职以来，增长了37％。

Approval by July 31st carries a slightly higher probability of 35%, despite a 13% rise. The renewed demand for a Dogecoin ETF stems from the SEC acknowledging Grayscale's applications for spot DOGE and XRP ETFs. This marks a departure from the past, where cryptocurrency ETFs faced stringent approval processes, with Bitcoin as the sole exception.

尽管增长了13％，但7月31日的批准率略高于35％。对Dogecoin ETF的重新需求源于SEC承认灰度对现场Doge和XRP ETF的应用。这标志着与过去的不同之处，在这种情况下，加密货币ETF面临严格的批准过程，比特币是唯一的例外。

Bloomberg ETF analyst Eric Balchunas suggests this recognition signifies regulators' growing acceptance of cryptocurrency-based products. Business journalist Eleanor Terrett reports that the SEC appears more favorable now than in December, when exchanges withdrew Solana ETF applications due to uncertain regulations.

彭博ETF分析师埃里克·巴尔库纳斯（Eric Balchunas）建议这种识别表示监管机构对基于加密货币的产品的接受日益接受。商业新闻记者埃莉诺·特雷特（Eleanor Terrett）报告说，由于不确定的法规，SEC现在似乎比12月的交换撤回了Solana ETF申请更有利。

However, legal challenges could still impede the approval process. Bloomberg's James Seyffart highlights that cases like Ripple vs. SEC may influence decisions on crypto ETFs. While Dogecoin faces no such issues, broader regulatory concerns remain.

但是，法律挑战仍然可能阻碍批准过程。彭博社的詹姆斯·塞法特（James Seyffart）强调，像Ripple vs. SEC这样的案件可能会影响对加密ETF的决策。虽然Dogecoin尚无此类问题，但仍有更广泛的监管问题。

Bitwise's Matthew Hougan notes that meme coin ETFs require a liquid market with minimal centralized influence. Unlike other meme tokens, Dogecoin boasts an active community and usage, enhancing its prospects for ETF approval.

Bitwise的Matthew Hougan指出，Meme Coin ETF要求具有最小的集中影响的液体市场。与其他模因令牌不同，Dogecoin拥有一个活跃的社区和使用，增强了其ETF批准的前景。

Hougan, however, dismisses the notion that DOGE's approval will pave the way for other meme coin ETFs, such as SHIB, emphasizing that approvals will be granted on a case-by-case basis.

然而，霍根（Hougan）驳斥了杜格（Doge）的批准将为其他模因硬币ETF（例如Shib）铺平道路，强调将逐案批准批准。

Grayscale's Role in DOGE Trust Formation

灰度在Doge Trust成立中的作用

Grayscale's establishment of a Dogecoin trust was a major step towards an ETF. Despite the trust's limited liquidity due to its cryptocurrency ownership, ETFs offer greater access to real-time trading. Rex Osprey and Bitwise have also filed for Dogecoin ETFs, reflecting the growing demand for regulated meme coin products.

Grayscale建立Dogecoin Trust是迈向ETF的重要一步。尽管信托由于其具有加密货币的所有权而导致的流动性有限，但ETF仍提供了更大的实时交易访问权限。 Rex Osprey和Bitwise也为Dogecoin ETF提出了申请，这反映了对受调节模因硬币产品的需求不断增长。

Market analysts are closely monitoring the SEC's approval, as it could signal DOGE's transition from a meme coin to a mainstream investment vehicle. Some speculate that Trump, influenced by Elon Musk, may initiate a Strategic Dogecoin Reserve, though Polymarket bettors assess this probability at only 10%.

市场分析师正在密切监视SEC的批准，因为这可能表明Doge从模因硬币过渡到主流投资工具。一些人推测，受埃隆·马斯克（Elon Musk）影响的特朗普可能会发起战略性的狗狗储备，尽管Polymarket Bettors仅评估了这种概率仅为10％。

Currently, DOGE trades at $0.26, with a weekly loss of approximately 2.3%. Analysts predict potential price increases to $4, supported by technical indicators. A突破0.35美元的阻力位可能带来新的历史新高。

Currently, DOGE trades at $0.26, with a weekly loss of approximately 2.3%. Analysts predict potential price increases to $4, supported by technical indicators. A突破0.35美元的阻力位可能带来新的历史新高。