Alright, so here’s the scoop — and it’s one that’s got crypto enthusiasts watching the calendar with bated breath. The Dogecoin ETF has officially entered the chat. But before you pop open that celebratory champagne, here’s the twist: the U.S. Securities and Exchange Commission (SEC) seems to be in no rush to make a decision. Again.

Yes, Dogecoin is now rubbing elbows with XRP, Solana, and Litecoin in the race to become the next cryptocurrency with its very own exchange-traded fund. But don’t get too excited just yet — if history is any guide, we’re in for another long wait.

The Never-Ending Game of SEC Delays

Let’s be real. If there’s one thing the SEC has mastered in the crypto space, it’s the art of delay. When it comes to crypto ETFs, they’ve practically made pushing deadlines a sport.

Earlier this year, Dogecoin ETF filings hit the regulatory inbox, and for a minute, it looked like we might see some real momentum. But come April, both XRP and Dogecoin found themselves right back in limbo. The SEC kicked their decision deadlines further down the road — because, well, why not?

This isn’t just a Dogecoin issue. It’s the same treatment we’ve seen for other digital assets. The Litecoin ETF, for example, also had its decision pushed back, despite being the darling of Bloomberg’s analysts. If Litecoin, with a 90% approval likelihood according to ETF expert James Seyffart, can’t get the green light quickly, what hope does Dogecoin have?

So, What’s the Holdup with Dogecoin ETFs?

The SEC has acknowledged the filings — that’s step one. But don’t mistake that for enthusiasm. The truth is, this is part of a broader strategy. They wait. They stall. And often, they delay right up until the final deadline, which in Dogecoin’s case is October 18, 2025. Mark your calendars — just don’t expect fireworks anytime soon.

Despite the cautious pace, Bloomberg analysts still think Dogecoin has a solid shot. Seyffart put the approval probability at 75%, which is second only to Litecoin. Not bad for a crypto that started as a joke, right?

Still, with the SEC’s recent delay on the Litecoin ETF decision, there’s every reason to believe Dogecoin’s next milestone date — June 17 — might just be another pause button rather than a green light.

Why the Crypto World Cares So Much

Now you might be wondering — why all the fuss over a Dogecoin ETF?

Simple: money moves.

Every time a major crypto gets ETF approval, prices tend to surge. We saw this happen with Bitcoin and Ethereum — their ETF nods weren’t just regulatory wins, they were catalysts for major price rallies. And many believe Dogecoin could follow suit if the SEC finally gives it the thumbs up.

There’s chatter — and lots of it — about Dogecoin hitting the $10 mark post-approval. Now, that’s speculative, of course. But the hype is real, and it’s being fueled by more than just Reddit threads and Elon Musk memes.

21Shares Backs Dogecoin: “More Than Just a Meme”

Let’s talk legitimacy. You might’ve heard of 21Shares — they’re not your average crypto fans. This investment firm recently gave Dogecoin a serious nod of approval following its ETF filing.

In a report, 21Shares went as far as to say that Dogecoin no longer belongs in the “meme coin” bucket. According to them, adding Dogecoin to a portfolio could actually be a smart move, especially when paired with heavyweights like Bitcoin.

That’s a bold endorsement — and it shows just how far Dogecoin has come. What started as a joke in 2013 has now clawed its way into serious financial conversations.

Don’t Expect a Decision Anytime Soon

So, where does that leave us?

Right back in the waiting room.

Unless something dramatic changes, the SEC is expected to keep pushing this decision until the absolute last possible moment. That means October 18, 2025 is the real date to watch. Between now and then, there could be more delays, more speculation, and a whole lot of crypto market drama.

The Dogecoin community, ever optimistic, is still holding out hope. But if you’ve followed the SEC’s past behavior, you know better than to hold your breath.

Dogecoin Still Has the Momentum

Despite the regulatory dance, Dogecoin’s popularity isn’t going anywhere. Its devoted following — fueled by a mix of internet culture, celebrity attention, and now institutional interest — gives it staying power.

And with respected analysts and firms backing its ETF potential, it’s clear that Dogecoin isn’t just riding a hype wave. There’s something a little more substantial building underneath the surface.

Whether or not the SEC sees it that way, though, remains the million-dollar question.

Final Thoughts: Hurry Up and Wait

If you’re hoping to see a Dogecoin ETF approved anytime soon, well… you might want to settle in.

The SEC has a pattern. A long, frustrating, bureaucratic pattern. And Dogecoin, despite its fanfare, isn’t immune to it.

But there’s a silver lining: every delay also fuels more curiosity, more discussion, and — yes — more hope. Because let’s face it, if Bitcoin and Ethereum could cross that regulatory finish line, then Dogecoin might just be next.

Just… not yet.