Dogecoin ETF Delay Fails to Dampen Bullish Momentum as Price Eyes $0.26

Dogecoin price surged 7.5% to $0.24 despite the SEC delaying its ETF decision until June. Technical indicators point to potential upside targets at $0.262 and $0.289 if $0.245 is breached. Bloomberg and Polymarket suggest ETF approval is unlikely before July, but optimism remains for late 2025. Dogecoin (DOGE) has vaulted back into the spotlight as Grayscale’s application for a spot Dogecoin ETF remains under a prolonged review by the United States Securities and Exchange Commission (SEC). The regulatory agency, notably, has yet to deliver a final verdict on over 70 altcoin ETF filings, a list that includes not just Dogecoin, but also other major coins like XRP, Solana, and Litecoin. Grayscale first initiated its DOGE Trust back in January 2025 and officially filed for the ETF conversion in March, but the agency continues to cite the need for “additional analysis” to ensure compliance with Section 6(b)(5) of the Exchange Act. SEC Puts Grayscale’s Spot Dogecoin ETF on Longer Review Track This mirrors the slow but ultimately successful path of the spot Bitcoin ETF, which after a lengthy review, drew billions in inflows post-approval. As per current SEC… The post Dogecoin ETF Delay Fails to Dampen Bullish Momentum as Price Eyes $0.26 appeared first on Coin Edition .

Source: Coin Edition