DOGE Up 0.28% as Franklin Crypto Index ETF Adds Exposure

On DEC 2 2025, DOGE rose by 0.28% within 24 hours to reach $0.13599, marking a modest reversal in its recent downward trend. However, the token remains down 11% over seven days, 6.95% in one month, and 57.01% in one year. This short-term upward move coincided with a key development in the broader crypto market: the expansion of the Franklin Crypto Index ETF’s holdings.

Franklin Crypto Index ETF Broadens Token Exposure

Franklin Templeton Digital Assets announced on December 2 that its Franklin Crypto Index ETF has added several altcoins to its holdings, including ADA (Cardano), LINK (Chainlink), DOGE (Dogecoin), SOL (Solana), XLM (Stellar), and XRP (Ripple). Previously, the fund exclusively tracked Bitcoin (BTC) and Ethereum (ETH). The inclusion of DOGE and other tokens marks a significant diversification of the index, which could influence liquidity dynamics, trading spreads, and rebalancing strategies.

The move reflects an evolving institutional perspective on crypto, with greater emphasis on multi-asset exposure. This development is likely to increase the visibility of DOGE and other included tokens among institutional investors, potentially supporting broader market participation.

Institutional Strategy and Market Implications

The decision to expand the ETF’s composition signals a strategic shift in how institutional players are approaching the crypto market. By incorporating smaller-cap and meme tokens like DOGE, the fund is catering to a more diversified investor base and responding to growing demand for exposure beyond the largest cryptocurrencies.

For DOGE, the inclusion in a major ETF broadens its institutional footprint, which may stabilize some of its recent volatility. Investors tracking the fund’s performance will now indirectly hold DOGE, which could support price resilience in the face of macroeconomic headwinds.

Context and Market Dynamics

The move comes as the broader crypto market faces uncertainty, with mixed signals from macroeconomic indicators and central bank policy. In Japan, the newly launched “Government Efficiency Department” (DOGE) has drawn comparisons to the cryptocurrency of the same name. While the government’s DOGE aims to reduce fiscal inefficiencies, its name has inadvertently drawn attention to the token. Finance Minister Taro Aso emphasized the importance of redirecting resources to high-impact initiatives—mirroring the meme coin’s community-driven ethos, albeit in a policy context.

Meanwhile, U.S. inflation data and labor market reports are expected to influence monetary policy decisions, which could indirectly affect crypto markets. However, the direct impact on DOGE appears limited at this stage, with the token’s recent price movement more closely tied to institutional investment flows.

Conclusion

DOGE’s inclusion in the Franklin Crypto Index ETF offers a new layer of institutional credibility and diversification. While the token continues to trade at a significant discount to its one-year price, the expanded ETF exposure may help stabilize its trajectory. Investors should consider how the broader market environment—ranging from macroeconomic data to institutional strategy—could shape DOGE’s near-term performance.