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Dogecoin ETF Hype Builds as SEC Turns Pro-Crypto Under New Chair | US Crypto News

Dogecoin ETF Hype Builds as SEC Turns Pro-Crypto Under New Chair | US Crypto News

BeInCryptoBeInCrypto2025/04/10 05:29
By:Tiago Amaral

Dogecoin’s ETF ambitions gain traction under pro-crypto SEC leadership, while Fed policy and inflation concerns continue to sway sentiment.

Welcome to the US Crypto News Morning Briefing—your essential rundown of the most important developments in crypto for the day ahead.

Grab a coffee to see how Dogecoin’s ETF hopes are gaining traction under a new SEC chair, why the Fed’s rate pause is shaking up crypto sentiment, and what Buffett, CPI, and Bitcoin flows reveal about the market’s next move.

Spotlight on Dogecoin: ETF Momentum Builds Under New SEC Leadership

On Wednesday, 21Shares announced a partnership with the House of Doge, backed by an endorsement from the Dogecoin Foundation for a new Dogecoin ETP.

The move comes as the US Senate approved Paul Atkins as SEC Chair, and conversations around a potential spot Dogecoin ETF intensify.

“A spot Dogecoin ETF is not about fundamentals; it’s really about driving cultural momentum. It’s easy to laugh it off, but retail demand drives markets—and this product validates that. Whether you see it as a meme or a movement, packaging it in a regulated wrapper shows just how far crypto has come from the fringe of the zeitgeist to the front and center of the cultural stage.” – Mike Cahill, CEO at Douro Labs told BeInCrypto.

The focus is less on technical merit and more on meeting market interest where it already exists, according to Cahill:

“With Paul Atkins as SEC Chair, we’re going to see a major shift in the institutional and governmental tone towards crypto. He’s historically favored market access and lighter-touch regulation, which could open the door for more novel products like a spot Dogecoin ETF. But his role as SEC Chair is obviously about so much more than just Dogecoin—it would signal that the SEC is ready to treat digital assets like a mature asset class and a critical component of the US economy.”

Enmanuel Cardozo, Market Analyst at Brickken, discussed what this leadership change at the SEC could mean for the meme coin’s future in regulated markets.

“Paul Atkins has a pro-crypto background—he’s been in the space for many years and with Trump’s administration pushing a crypto-friendly vibe, the odds look more in favor in my opinion. I think Atkins could really open the door for something like this, especially since Bitcoin and Ethereum ETFs got the green light last year, setting a precedent.” – Cardozo told BeInCrypto.

Atkins brings a reputation for openness to innovation, especially in digital assets.

“The potential for a Dogecoin ETF definitely goes up with Atkins in charge, no question. He’s known for wanting clearer rules for crypto, which could make the SEC more open to approving something like this, especially with dozens of other crypto ETF proposals already on their desk.”

According to Cardozo, momentum is building, but it doesn’t guarantee approval.

“That said, it’s not a done deal—Dogecoin as all cryptocurrencies have a history of being very volatile, which might give regulators pause, and they’ll probably want to make sure it’s not too risky for investors.”

But even with optimism around regulatory progress, macroeconomic pressures continue to shape crypto’s near-term outlook. The odds of a Fed rate cut in May have plunged to just 15% following Trump’s 90-day tariff pause and hawkish FOMC minutes.

Policymakers cited persistent inflation risks—especially from tariffs on core goods—as a reason to keep rates steady.

The news has dampened hopes for near-term monetary easing, putting pressure on crypto markets through reduced liquidity expectations and a stronger dollar.

Crypto Chart of the Day

Dogecoin ETF Hype Builds as SEC Turns Pro-Crypto Under New Chair | US Crypto News image 0DOGE ETF Approval Odds. Source: Polymarket.

The odds of the DOGE ETF being approved in 2025 are currently at 64% on prediction markets.

Byte-Sized Alpha
– All eyes are on today’s CPI (Consumer Price Index) release, a key inflation gauge that could sway crypto markets depending on how consumer prices move.

– Warren Buffett’s Berkshire Hathaway is sitting on a record $334 billion in cash after dumping stocks ahead of the 2025 crash—still steering clear of Bitcoin despite mounting interest and ETF adoption.

– Trump’s tariff pause ignited a market rally and pushed Bitcoin back above $80,000, but experts caution it could be a ‘dead cat bounce’ before another downturn hits.

– Bitcoin spot ETFs just notched a five-day outflow streak totaling $127 million, hinting at fading investor confidence—even as futures data points to lingering bullish sentiment.

– Paul Atkins has been confirmed as SEC chair in a 52-44 Senate vote, signaling a continued rollback of crypto enforcement under the Trump administration.

– The SEC has greenlit options trading on BlackRock’s Ethereum ETF, boosting ETH’s legitimacy and liquidity—even as broader market attention stays locked on tariff drama.

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Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.

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