Dogecoin ETF Likely in 2025 as Meme Coins Gain Traction
- Wintermute predicts a meme coin ETF launch in 2025, with Dogecoin as the leading candidate.
- Meme coins drove Wintermute’s OTC market share growth from 0.3% in 2023 to 5.1% in 2024.
- OTC spot volumes for meme coins increased by 210% from 2023 to 2024.
- Meme coins represented 16% of Wintermute’s OTC volumes in 2024, up from 7% in 2023.
- Dogecoin and Shiba Inu accounted for a combined total of over 88% of Wintermute’s OTC volumes in 2024.
Meme coins have significantly influenced Wintermute’s OTC market share, rising from just under one percent to over five percent between 2023 and 2024. Dogecoin remains a prominent asset, making up more than half of these transactions.
Source (2.6)https://decrypt.co/301428/dogecoin-etf-in-2025-possibility-wintermute?rand=52368
