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Bets Favoring Dogecoin ETF Approval In 2025 Jump After Bitwise's Delaware Filing—Top Trader Paints Over 4000% Upside For Memecoin - iShares Ethereum Trust - iShares Ethereum Trust ETF (NASDAQ:ETHA)

  • Bitwise Asset Management has registered an entity called 'Bitwise Dogecoin ETF' in Delaware, taking a step toward issuing a Dogecoin ETF, as reported by the Delaware's Department of State's Division of Corporations.
  • REX Shares filed with the SEC for a Dogecoin ETF, prompting Bitwise's registration a day later, indicating competition in the memecoin ETF space, according to the news.
  • Analysts predict significant returns for Dogecoin, with a price target of $15, suggesting an upside of 4140.88%, as stated by cryptocurrency analyst Ali Martinez.
  • Odds of a Dogecoin ETF being approved in 2025 rose from 36% to 53% on Polymarket following these filings, as reported in the prediction markets.
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CryptoNewsZ broke the news in on Thursday, January 23, 2025.
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