ETF prospects could moon DOGE
The post ETF prospects could moon DOGE appeared on BitcoinEthereumNews.com.
Dogecoin whales amass substantial wealth, and corporate treasury actions and ETF speculation feed the euphoria. Summary Massive whale accumulation: In the last few days, around 2 billion DOGE ($0.20–$0.23 range) have been scooped up, which has increased demand for dips. Bullish technicals and derivatives: positive funding rates since July 6 sustain upward momentum, futures open interest is at $3.39 billion, and an inverse head-and-shoulders pattern is aiming for $0.3058. Adoption of ETFs and treasuries: Bitwise, Grayscale, 21Shares, and Rex Shares are investigating DOGE ETFs (with 60–70% chances of approval by 2025); Bit Origin ($500M plan) and other firms are also incorporating DOGE into treasuries. Risks and invalidation: A significant break above $0.25–$0.26 maintains the validity of the $0.30+ target, while a loss below $0.24 would nullify the bullish position. Dogecoin (DOGE) is heating up as institutions add it to treasuries, whales accumulate heavily, and ETF speculation grows. Several trackers and outlets reported that whales had taken almost 2 billion DOGE (about 460–500M) in the last week, which coincided with abrupt bounces and risk-on derivative positioning. In this article, we’ll explore how a potential Dogecoin ETF could shape the Dogecoin price prediction and influence future market trends. Today’s DOGE scene Bullish technicals, including an inverse head-and-shoulders pattern aiming at about $0.3058, positive funding rates since July 6, a massive whale accumulation (~2 billion DOGE), and futures open interest climbing to $3.39 billion. Whales On-chain observers note that cumulative whale purchases have been made in the last few days close to 2B DOGE, supporting dip demand in the $0.20–$0.23 range. Derivatives According to market desks citing Coinglass-tracked data, open interest in DOGE futures recently printed at around $3.39 billion after rising back above $3 billion. Generally, rising OI and price are positive. Funding Since July 6, weighted funding rates have remained positive,…
Filed under: News - @ August 20, 2025 2:24 am