Dogecoin Has Higher Spot ETF Approval Odds Than Cardano
The post Dogecoin Has Higher Spot ETF Approval Odds Than Cardano appeared on BitcoinEthereumNews.com.
Dogecoin and Cardano have strong odds of ETF approval in 2025, with 80% and 75% chances respectively. Dogecoin benefits from CFTC-regulated futures and broader filings, while Cardano lacks futures. Even with approval, demand remains uncertain as investors remain heavily focused on Bitcoin over altcoins. In a surprising turn for the crypto market, analysts now believe Dogecoin (DOGE), the original meme coin, has a clearer path to a spot ETF approval in the U.S. than Cardano (ADA), a leading smart contract platform. The analysis highlights the complex and often counter-intuitive nature of the U.S. regulatory landscape for digital assets.. According to new data from Bloomberg Intelligence analyst Eric Balchunas, the market is pricing in an 80% probability of a spot Dogecoin ETF approval in 2025, while Cardano’s odds sit slightly lower at 75%. Prob get some but hard to say how much and nothing will compare to bitcoin. We have a little saying on the team “the further away you get from btc, the less assets there will be” — Eric Balchunas (@EricBalchunas) June 10, 2025 This comes as the market turns its attention to which altcoins will follow Bitcoin and Ethereum in securing their own exchange-traded funds. When a market participant questioned whether altcoins like Solana would attract the same kind of capital inflow that Bitcoin did with its ETF launch, Balchunas responded some inflows are to be expected. The Case for a Dogecoin ETF: From Meme to Regulated Commodity Dogecoin, once viewed as a speculative asset driven by internet culture, is now seen as being on relatively firm regulatory ground. A key factor is that the Commodity Futures Trading Commission (CFTC) already regulates Dogecoin futures, which adds to its credibility as a commodity, a crucial status for ETF approval. Several major asset managers, including Grayscale, Bitwise, and 21Shares, have…
Filed under: News - @ June 11, 2025 3:24 pm