Dogecoin News Today: Institutional Trust Reshapes Crypto as Staking ETFs and Stablecoin Innovation Gain Momentum

The U.S. crypto market is witnessing a surge in institutional demand for staking-based exchange-traded funds (ETFs), with Bitwise's Solana Staking ETF (BSOL) amassing $222.8 million in assets on its debut. This milestone, described by Bloomberg Intelligence's Eric Balchunas as a "test case" for U.S. appetite for staking strategies, follows regulatory clarity from the Securities and Exchange Commission (SEC) on proof-of-stake activities, according to FXStreet. The launch builds on the success of Bitcoin and Ether ETFs, with JPMorgan predicting Solana and XRP ETFs could attract billions in inflows within six months.

Meanwhile, Dogecoin (DOGE) is gaining traction as the first U.S. spot ETF for the meme coin, the REX-Osprey DOGE ETF, began trading on September 18, 2025. Analysts highlight a $0.20–$0.21 support level as critical for DOGE to reach $0.25, while increased whale activity-marked by a $26.8 million transfer to Binance-signals growing institutional interest. The Dogecoin Treasury's upcoming public listing also promises to enhance accessibility for traditional investors.

France, meanwhile, has stunned Europe by advancing a plan to adopt Bitcoin as part of a broader strategy to reduce reliance on U.S. dollar-backed stablecoins. Lawmakers propose establishing a public body to accumulate 2% of Bitcoin's total supply-roughly 420,000 BTC-over seven to eight years, positioning the cryptocurrency as a "national digital gold" reserve. The initiative also urges revisions to the EU's Markets in Crypto-Assets (MiCA) framework to facilitate euro-denominated stablecoins, addressing concerns over Europe's 91% dependency on U.S. dollar-backed tokens like Tether and USD Coin.

Stablecoin innovation is also gaining momentum, with Fuze, a Middle East-based financial infrastructure provider, joining the Global Dollar Network (GDN) to promote the adoption of USDG, a Paxos-issued stablecoin pegged 1:1 to the U.S. dollar. By integrating USDG into payment and remittance systems, Fuze aims to reduce transaction costs and enhance cross-border efficiency. The GDN, supported by institutions like Robinhood and Kraken, emphasizes transparency through monthly reserve audits.

The crypto landscape's evolving regulatory and institutional dynamics are further underscored by Faraday Future's recent launch of the FX Super One MPV in the UAE, which accepts crypto payments. This move aligns with a broader trend of businesses leveraging blockchain technology to diversify payment options, particularly in regions with growing crypto adoption.

As ETFs and stablecoins reshape financial infrastructure, the interplay between regulatory clarity, institutional participation, and technological innovation continues to define the crypto market's trajectory.