Dogecoin Surges Past $0.20 with New ETF Approval and Increased Market Interest

Ethereum’s price has surged past the crucial $0.20 mark following a significant development: Bitwise, a financial firm, launched a Dogecoin (DOGE) exchange-traded fund (ETF). This innovative move significantly boosted investor confidence in the cryptocurrency market. Analysts cite increased institutional interest and thriving decentralized finance (DeFi) as key drivers behind this surge. 2021 saw Dogecoin’s historic rally from fractions to above $0.70, a testament to past price patterns tied to regulatory or listing milestones.