A significant development has emerged in the world of cryptocurrencies, with 21Shares filing for a spot Dogecoin (DOGE) ETF. This move signifies growing institutional interest in the meme coin as it aligns with a favorable regulatory climate for crypto. Notably, Nasdaq’s submission of the 19b-4 form to list and trade the 21Shares DOGE ETF follows an initial S-1 registration filed earlier this year in April. This filing signals a major shift in how Dogecoin is perceived in the U.S. financial system, moving past its origins as a joke and establishing it as a serious contender within mainstream finance. 2025’s regulatory landscape has also become conducive to crypto innovation, thanks to Paul Atkins’ appointment as SEC Chairman under President Trump. This pro-crypto stance has paved the way for several Bitcoin and Ethereum ETFs. Analysts believe this shift creates a favorable environment for altcoin ETFs, especially Dogecoin, which boasts a 75% approval probability according to Bloomberg analysts.