Dogecoin’s journey towards gaining regulatory approval for an exchange-traded fund has made a significant advancement. Bitwise’s filing of Form 19b-4 marks a notable step for the cryptocurrency community. Despite this positive development, the price of Dogecoin (DOGE) struggles to make any significant headway.

This regulatory push signals growing recognition of cryptocurrencies in mainstream finance. However, market reactions show that investors remain uncertain about DOGE’s future performance. The overall crypto market continues to experience fluctuations, impacting Dogecoin’s price trajectory.

While the news of the ETF filing creates a buzz, the real question is how long it will take before that excitement translates into a substantial price rally. Dogecoin enthusiasts remain hopeful, but volatility persists in the crypto landscape.