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Billy Markus, one of the creators of Dogecoin known as "Shibetoshi Nakamoto," has shared his thoughts on the increasing speculation regarding the SEC's potential approval of a Dogecoin ETF. This discussion has emerged amidst significant developments in the crypto market, including the introduction of the Bitcoin ETF and the pending decision on the Ethereum ETF. As a result, crypto enthusiasts have begun to speculate about which cryptocurrency might be next in line for a similar solution.

被称为“Shibetoshi Nakamoto”的狗狗币创始人之一比利·马库斯 (Billy Markus) 分享了他对有关美国证券交易委员会 (SEC) 可能批准狗狗币 ETF 的猜测日益增多的想法。此次讨论是在加密货币市场发生重大发展之际出现的，包括比特币 ETF 的推出以及以太坊 ETF 的待决决定。因此，加密货币爱好者已经开始猜测哪种加密货币可能是下一个类似解决方案的选择。

Despite Dogecoin's origins as a meme cryptocurrency, it has maintained its relevance for over a decade, with numerous large and small companies worldwide adopting DOGE as a payment method.

尽管狗狗币最初是一种模因加密货币，但十多年来它一直保持着相关性，全球许多大大小小的公司都采用狗狗币作为支付方式。

a dogecoin etf would be amusing— Shibetoshi Nakamoto (@BillyM2k) May 21, 2024

狗狗币 ETF 会很有趣——Shibetoshi Nakamoto (@BillyM2k) 2024 年 5 月 21 日

Market participants' enthusiasm is driven by the fact that Dogecoin is not classified as a security, making it a viable candidate for an ETF. Earlier this year, the Commodity Futures Trading Commission (CFTC) approved Coinbase Derivatives futures on Dogecoin, indicating some regulatory approval.

市场参与者的热情源于狗狗币并未被归类为证券这一事实，这使其成为 ETF 的可行候选者。今年早些时候，商品期货交易委员会 (CFTC) 批准了狗狗币的 Coinbase 衍生品期货，这表明监管部门已经批准了这一计划。

This approval is perceived as a pivotal moment that could facilitate traditional financial institutions' formal engagement with DOGE.

此次批准被认为是一个关键时刻，可以促进传统金融机构与 DOGE 的正式接触。

Is a Dogecoin ETF a Concern?

狗狗币 ETF 值得关注吗？

Dogecoin currently ranks as the eighth largest cryptocurrency, with a market capitalization of $24.25 billion and a daily trading volume of $2.86 billion. The cryptocurrency trades at $0.168, significantly below its all-time high of $0.74, which it reached in May 2021. DOGE to USD by CoinMarketCap

狗狗币目前排名第八大加密货币，市值为 242.5 亿美元，日交易量为 28.6 亿美元。该加密货币的交易价格为 0.168 美元，远低于 2021 年 5 月达到的历史高点 0.74 美元。CoinMarketCap 提供的 DOGE 兑美元

While the prospect of a Dogecoin ETF presents potential benefits such as increased institutional participation and market credibility, it also raises concerns about the growing influence of traditional financial institutions on the crypto market.

虽然狗狗币 ETF 的前景带来了潜在的好处，例如增加机构参与度和市场可信度，但它也引发了人们对传统金融机构对加密货币市场影响力日益增长的担忧。