Dogecoin (DOGE) could be the next cryptocurrency and first-ever meme coin to have an exchange-traded fund (ETF) in the US.

Yesterday (April 29), the Nasdaq exchange filed a 19b-4 form with the Securities and Exchange Commission (SEC) to approve listing and trading shares of the 21Shares Dogecoin ETF.

Dogecoin Has Competition From SOL And XRP To Be The Next Crypto ETF

Leading asset manager 21Shares submitted an S-1 registration with the SEC on April 10. It was filed in partnership with the House of Doge, the Dogecoin Foundation’s corporate arm, whose sole goal is to promote DOGE to the mainstream.

House of Doge was in the news earlier this year when it collaborated with Indy500 driver Devlin DeFrancesco to put the DOGE branding on his race car. This happened in March, and the community could vote on which of the three proposed car designs DeFrancesco would use in the Indy500 race.

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Now, the House of Doge team is working to promote and push for the ETF’s listing alongside 21Shares. If successful, the ETF will track DOGE’s performance, as measured by the CF DOGE-Dollar US Settlement Price Index, and will be adjusted for the Trust’s expenses and other liabilities.

It is positioned as a passive investment vehicle that will hold DOGE directly. In the filing, the Trust stated it will not utilize leverage, derivatives, or similar arrangements to meet its investment objective.

Coinbase Custody Trust will hold the fund’s tokens and serve as the official custodian for the ETF. The filing comes as the SEC postponed its decision on Bitwise’s spot DOGE ETF application, extending the review period until June 15.

Even with the bullish ETF news, DOGE is down nearly 2% daily and 3.8% over the past 7 days. However, it has been trading a tight range which could be coiling, ready to lead the animal meme-coin rally.

Could BTCBULL be the best beta play on the back of the potential Dogecoin ETF with $5m in presale funding and BTC airdrops starting soon

(SOURCE)

BTC Bull (BTCBULL) Smashes $5m In Presale Funding: Best Animal-Themed Meme Coin Right Now?

With a potential Dogecoin ETF causing a stir within the animal meme coin space, no one looks better positioned to take advantage than BTC Bull (BTCBULL). Having just secured $5m in early-stage funding, the appetite and hype for this new meme coin project are heating up.

The mascot for this new meme coin project is a strapping bull wearing a Bitcoin logo t-shirt and army fatigues. It is the perfect play for anyone bullish on Bitcoin in 2025 and beyond, as holders of BTCBULL will be rewarded with Bitcoin airdrops as BTC hits certain price milestones.

You heard it right – once BTC hits $150k and every $50k increase from then on, holders of BTCBULL will receive Bitcoin directly into their wallets. It seems a no-brainer for anyone who agrees with the analysts and institutions calling for $250k+ BTC by the time this cycle ends.

Even with the more conservative calls for $250k Bitcoin, that would mean three separate BTC airdrops for BTC Bull holders. Remember, the more BTCBULL one holds, the more Bitcoin one will receive once the airdrops begin.

For this reason, smart investors are pouring cash into the presale, stacking as much BTCBULL as possible at early-bird prices to increase their slice of the upcoming airdrops.

Along with airdrops, the BTC Bull team will begin token burns once BTCBULL hits $125k. The burns will occur at every $50k increase from then, meaning that an airdrop or token burn will be initiated for every $25k increase in Bitcoin’s price.

This genius approach means that the long-term vision for BTC Bull can be sustained as it is a deflationary token, while demand will continue to soar as investors scramble to stack more for the airdrops.

There is no telling how long the presale for BTCBULL will last, so if you’re on the fence, jump in before the train leaves the station.

Stay up-to-date with all things BTC Bull by joining the community on X and Telegram.

VISIT BTC BULL PRESALE

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Alex Ioannou
Alex Ioannou
On-Chain Journalist

Chasing dreams under the Cypriot sun, Alex is an up-and-coming writer focusing on the more degen side of the crypto market. Always on the lookout for the next hot narrative, meme coin pump, or meta trend. Alex has been actively... Read More

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