DOGE Up 5.3% in 7 Days Amid Launch of Bitwise Dogecoin ETF

Generated by AI AgentCryptoPulse AlertReviewed byAInvest News Editorial Team
Friday, Nov 28, 2025 4:08 am ET2min read
Aime RobotAime Summary

- Bitwise launched a

ETF (BWOW) on NYSE, boosting institutional/retail access to via regulated ETP format.

- DOGE rose 5.3% in 7 days post-listing but remains down 51.68% year-to-date amid broader bearish trends.

- Growing institutional adoption of altcoins is accelerating, with similar ETPs emerging in Europe and Zcash ETF filings in the U.S.

- The ETF's success could drive sustained inflows, testing key resistance levels and potentially reversing DOGE's long-term decline.

On NOV 28 2025, DOGE rose by 0.03% within 24 hours to reach $0.15316, marking a 5.3% increase over the past seven days. However, it is down 18.1% in the last month and 51.68% year-to-date. The price movement aligns with the recent listing of the

, a development that has drawn attention to the altcoin’s growing institutional accessibility.

Bitwise Launched, Expanding Exposure for Institutional and Retail Investors

On NOV 26 2025, Bitwise successfully launched its Dogecoin ETF on the New York Stock Exchange (NYSE) under the ticker BWOW. This move represents the latest step in institutionalizing exposure to

, allowing investors to gain access to the without directly handling digital assets.

The ETF is structured as an exchange-traded product (ETP), which tracks the price of Dogecoin in a regulated, familiar format. This development mirrors broader trends in the altcoin space, where traditional financial infrastructure is increasingly being used to bridge the gap between digital assets and conventional markets.

With the Bitwise Dogecoin ETF now live, the coin is being traded in a manner similar to equities, reducing the barrier to entry for both institutional and retail investors. The ETF’s performance could further drive demand for as more investors seek exposure through regulated channels.

Institutional Interest in Altcoins Accelerates

The launch of the Bitwise Dogecoin ETF follows a series of similar developments across the crypto market. In Europe, the Bonk (BONK) community recently partnered with Bitcoin Capital to launch the first ETP on the SIX Swiss Exchange, marking a significant milestone for Solana-based memecoins. These trends highlight a growing institutional appetite for altcoin exposure.

In the U.S., Grayscale also submitted a filing with the SEC to convert its Zcash (ZEC) Trust into an ETF, signaling further regulatory momentum. These developments suggest that the financial infrastructure supporting crypto assets is evolving rapidly, with more institutional-grade products expected to follow.

Despite the recent price rebound, DOGE faces a mixed technical outlook. Over the past month, the coin has seen a substantial decline, and its performance over the past year reflects a deeper bearish trend. However, the 7-day uptick of 5.3% shows that there is ongoing short-term buying interest.

The Bitwise ETF launch has already driven DOGE to test key resistance levels, potentially setting the stage for further upward movement if the ETF proves successful and attracts sustained inflows.

Analysts project that continued institutional adoption and the success of altcoin ETFs could lead to renewed investor confidence in DOGE. However, any further price gains will depend on broader market sentiment, regulatory developments, and ongoing product innovation in the crypto space.

Conclusion

The launch of the Bitwise Dogecoin ETF marks a pivotal moment for DOGE, enhancing its accessibility in traditional financial markets. While the coin remains down sharply year-to-date, the 7-day price increase highlights the potential for renewed demand in the wake of institutional onboarding. As more altcoin ETFs and ETPs come to market, DOGE is well positioned to benefit from the broader trend of crypto financialization.

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