Dogecoin Surges Over 34% in a Week amid ETF Delay by the SEC
Posted On May 14, 2025
Dogecoin (CRYPTO: DOGE) is doing well lately, gaining 3.56% in the last 24 hours. Currently trading for $0.2329, the meme coin provided returns of 34.16% last week, and is up 41.76% in the last month.
The recent uptick in Dogecoin price is due to a recent SEC announcement for its ETF.
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On Tuesday, the Securities and Exchange Commission (SEC) put its 21Shares Dogecoin ETF proposal on hold. While a delay is typically seen as negative, the context behind this decision might be positive.
The Securities and Exchange Commission has requested public feedback on the Dogecoin ETF, 21Shares. It signals that the agency is seriously contemplating the ETF. Since the current Donald Trump administration …
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